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8348 Martinsburg Pike 5 Unit Apartment Building $1,618,387 CAD ($323,677 CAD/Unit) 6% Cap Rate Shepherdstown, WV 25443
Executive Summary
Multifamily investment opportunity in Shepherdstown, WV. Located directly across the street from Shepherd University entrance. Property generates approximately $70,100.00 in annual NOI and is being offered at an attractive 6% capitalization rate. 5 units, monthly gross rent $7035.00. Fully rented for 8 years, never vacancy in this college town. Contact listing agent for additional financial and property details.
Property Facts
| Price | $1,618,387 CAD | Property Subtype | Apartment |
| Price Per Unit | $323,677 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6% | Lot Size | 0.15 AC |
| Gross Rent Multiplier | 13.84 | Building Size | 7,100 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1990 |
| Zoning | C - Commercial Multifamily | ||
| Price | $1,618,387 CAD |
| Price Per Unit | $323,677 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Gross Rent Multiplier | 13.84 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,100 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Zoning | C - Commercial Multifamily |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Range
- Tub/Shower
- Deck
- Family Room
- Linen Closet
- Large Bedrooms
Site Amenities
- Individual Locking Bedrooms
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 10-2-01480000 | Improvements Assessment | $162,762 CAD |
| Land Assessment | $150,988 CAD | Total Assessment | $313,750 CAD |
Property Taxes
Parcel Number
10-2-01480000
Land Assessment
$150,988 CAD
Improvements Assessment
$162,762 CAD
Total Assessment
$313,750 CAD
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Presented by
Tri-State Investment Properties, LLC
8348 Martinsburg Pike
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