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Courthouse Tower Apartments 216 N River St 33 Unit Apartment Building $7,746,300 CAD ($234,736 CAD/Unit) Wilkes Barre, PA 18702
Investment Highlights
- Creative seller financing available
- 25/33 units are 4-bedroom units
- Laundry on each floor and 24-hour video surveillance
- All residential units are furnished with tenants responsible for their heat/AC and hot water
- Abundant on-site parking in covered garage
- On-site super and walking distance to King's College, Luzerne County Community College, and Wilkes University
Executive Summary
Courthouse Tower Apartments consists of 33 residential units, 5,000 SF retail and a 192-space 3-story parking garage. The property was gut renovated in 2019 from a former office building.
Property Facts
| Price | $7,746,300 CAD | Building Class | B |
| Price Per Unit | $234,736 CAD | Lot Size | 1.18 AC |
| Sale Type | Investment | Building Size | 39,000 SF |
| No. Units | 33 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment | Parking Ratio | 5/1,000 SF |
| Apartment Style | Mid-Rise |
| Price | $7,746,300 CAD |
| Price Per Unit | $234,736 CAD |
| Sale Type | Investment |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.18 AC |
| Building Size | 39,000 SF |
| No. Stories | 6 |
| Year Built | 2021 |
| Parking Ratio | 5/1,000 SF |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Courtyard
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | - | - |
| 4+2.5 | 24 | - | - |
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Property Taxes
| Parcel Number | 73-H10NW4-12A-004-000 | Improvements Assessment | $3,261,600 CAD |
| Land Assessment | $672,705 CAD | Total Assessment | $3,934,305 CAD |
Property Taxes
Parcel Number
73-H10NW4-12A-004-000
Land Assessment
$672,705 CAD
Improvements Assessment
$3,261,600 CAD
Total Assessment
$3,934,305 CAD
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Courthouse Tower Apartments | 216 N River St
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