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34 Units | Johnstown 414 Jefferson Ave 34 Unit Apartment Building $2,272,875 CAD ($66,849 CAD/Unit) 11% Cap Rate Beaverdale, PA 15921
Investment Highlights
- 13 duplexes, a sixplex, and 2 single family homes
- Value-add opportunity
- 11% Cap Rate
Executive Summary
SVN Three Rivers Commercial Advisors is pleased to present the opportunity to purchase this 34 unit portfolio in Johnstown, PA. The offering is comprised of 13 duplexes, a sixplex, and 2 single family homes that presents a compelling 11% Cap Rate. There is a demonstrated path to add value by continuing to increase rents to market rates.
Property Facts
| Price | $2,272,875 CAD | Property Subtype | Apartment |
| Price Per Unit | $66,849 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 11% | Lot Size | 0.20 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 5,000 SF |
| No. Units | 34 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Price | $2,272,875 CAD |
| Price Per Unit | $66,849 CAD |
| Sale Type | Investment |
| Cap Rate | 11% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 5,000 SF |
| No. Stories | 2 |
| Year Built | 1900 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 13 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 059-073433 | Improvements Assessment | $16,062 CAD |
| Land Assessment | $2,590 CAD | Total Assessment | $18,651 CAD |
Property Taxes
Parcel Number
059-073433
Land Assessment
$2,590 CAD
Improvements Assessment
$16,062 CAD
Total Assessment
$18,651 CAD
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34 Units | Johnstown | 414 Jefferson Ave
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