Evergreens Apartments - corp. rental property 379 S Main St 6 Unité Immeuble d’appartements 1 282 405 $ CAD (213 734 $ CAD/Unité) 11,42% Taux de capitalisation Montrose, PA 18801

“The Evergreens” is a very well maintained, classically styled, efficiently configured & fully-leased apartment building containing 2 one-bedroom apartments and 4 two-bedroom apartments. Located in Montrose Pennsylvania, this property is located in the center of the Marcellus Shale region and the heart of natural gas & fracking industry. This property has been consistently been a primary rental location for several of the largest gas companies & their contractors at well above market rents due to limited housing in the region. New ownership can continue with the owner’s successful model which includes fully furnished units, a service providing linens, cleaning and other tenant amenities and a nightly / weekly leasing model which is well-suited to the gas industry.
This property offers off-street parking and on-site washer/dryer for tenant use. The Seller also owns the Wilson Street Apartments located in Montrose which is fully-leased and also available for purchase.

The list pricing has been established from current 2025 and an average of the past 3 years NOI and includes the management fee for the Seller to continue performing all management responsibilities for a new owner. Financial reporting available upon request.