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46 Parkway Pl - Parkway Place Apartments 16 Unit Apartment Building Offered at $3,818,430 CAD at a 8.03% Cap Rate Parkersburg, WV 26104



INVESTMENT HIGHLIGHTS
- Complete renovated apartment complex
- Washer and dryers available in each building
- Spacious floorplan with modern appliances
- New parking lots
- 10x10 lockable caged storage areas for each tenant
- 100% occupied with above market rents
EXECUTIVE SUMMARY
Discover your next investment opportunity with this fully renovated 16 unit apartment complex. Featuring modern two-bedroom, one-bath units, each building has been meticulously updated from the roof down to the appliances. Enjoy the added benefit of basements with 10x10 storage rooms for extra space. This property is not only clean and well-maintained but also generates above-market rents with reliable tenants, making management a breeze. With everything fresh and new, you can say goodbye to maintenance worries and hello to a profitable investment!
PROPERTY FACTS
| Price | $3,818,430 CAD | Property Type | |
| Price Per Unit | $238,652 CAD | Lot Size | 5.93 AC |
| Sale Type | Investment | Building Size | 14,000 SF |
| Cap Rate | 8.03% | No. Stories | 2 |
| No. Units | 16 | Year Built/Renovated | 1990/2025 |
| Price | $3,818,430 CAD |
| Price Per Unit | $238,652 CAD |
| Sale Type | Investment |
| Cap Rate | 8.03% |
| No. Units | 16 |
| Property Type | |
| Lot Size | 5.93 AC |
| Building Size | 14,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1990/2025 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Heating
- Range
- Basement
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 16 | $2,013 CAD | - |
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PROPERTY TAXES
| Parcel Number | 04-150-00E10000 | Improvements Assessment | $191,033 CAD |
| Land Assessment | $78,979 CAD | Total Assessment | $270,012 CAD |
PROPERTY TAXES
Parcel Number
04-150-00E10000
Land Assessment
$78,979 CAD
Improvements Assessment
$191,033 CAD
Total Assessment
$270,012 CAD
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46 Parkway Pl - Parkway Place Apartments
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