Moundsville, WV Portfolio 3 biens • Immeuble residentiel • À vendre 2 893 800 $ CAD • Moundsville, WV

**Multi-Family Investment Portfolio | Moundsville, WV | $2,100,000**
Rare opportunity to acquire a stabilized, cash-flowing residential portfolio concentrated within Moundsville, West Virginia. The portfolio offers an attractive combination of immediate income, strong occupancy, operational efficiency, and meaningful value-add potential through rental increases and lease optimization.
The portfolio is comprised of **5 duplexes, and 2 triplexes** providing a diversified unit mix while remaining concentrated within a single market. There are an additional 14 single-family homes that can be included in the portfolio. Of the 26 total units, **24 are currently occupied**, resulting in approximately **92% occupancy** at the time of listing.
Current gross rental income totals approximately **$21,150 per month, or $253,800 annually**. Seller-provided operating expenses are estimated at approximately **$3,715 per month**, resulting in a current estimated **Net Operating Income of $17,435 per month, or $209,220 annually**. At the asking price of **$2,100,000**, the portfolio is being offered at an approximate **9.96% current capitalization rate** based on the seller-provided income and operating expense figures.
In addition to the existing cash flow, the portfolio offers substantial rental upside. Current ownership estimates that rents are approximately **$3,000 per month below current market potential**, representing roughly **$36,000 in additional annual gross revenue** as leases renew, vacancies are filled, and rents are gradually adjusted toward market levels.
The portfolio's concentration within Moundsville provides an important operational advantage compared with scattered-site portfolios spread across multiple cities or counties. The proximity of the assets can simplify property management, maintenance coordination, leasing, inspections, and vendor relationships while still providing diversification across 19 individual buildings.
A significant portion of the portfolio is occupied by established, long-term tenants. Numerous properties have not experienced rental increases for several years, creating an opportunity for a new owner to improve revenue over time without relying solely on major redevelopment or repositioning.
The portfolio also includes a number of properties that have received recent capital improvements. Improvements throughout the portfolio include roof replacements, high-efficiency furnaces, water heaters, plumbing supply and drain line upgrades, sewer line improvements, vinyl siding, replacement windows, updated electrical components, renovated kitchens and bathrooms, and cosmetic renovations. Individual improvement histories are detailed in the Offering Memorandum.
Of the two current vacancies, **513 11th Street is rent-ready and being marketed for occupancy**, while **316 Poplar Avenue represents a larger value-add opportunity and is currently in need of renovation**. This creates an opportunity for an investor to generate additional income relatively quickly from one vacancy while repositioning the second property for future rental income.
The portfolio currently produces **$253,800 in annual gross income**, with seller-estimated operating expenses of approximately **$44,580 annually**, resulting in approximately **$209,220 in current annual NOI before debt service**. Ownership projects gross rental income exceeding **$24,000 per month**, or approximately **$288,000 annually**, following rental optimization and stabilization.
**Investment Highlights**
• Asking Price: **$2,100,000**
• Approximately **92% Current Occupancy**
• **$21,150 Current Monthly Gross Income**
• **$253,800 Current Annual Gross Income**
• **$209,220 Estimated Current Annual NOI**
• Approximately **9.96% Current Cap Rate** at Asking Price
• Approximately **$3,000/Month Rental Upside**
• Approximately **$36,000/Year Additional Gross Revenue Potential**
• Projected Gross Income of approximately **$288,000 Annually**
• Concentrated entirely within **Moundsville, WV**
• Numerous long-term tenants
• Significant recent capital improvements throughout the portfolio
• Immediate cash flow with additional value-add potential
This offering may be particularly attractive to investors seeking to achieve meaningful scale without acquiring and closing on dozens of individual properties over several years. A purchaser has the opportunity to add **26 doors in a single transaction**, acquire existing cash flow from day one, and retain multiple paths for future income growth.
A comprehensive **Offering Memorandum is available upon request** and includes individual property profiles, current and projected rents, property-level operating expenses, occupancy information, recent improvement summaries, property map, portfolio index, and additional financial information.
Additional due diligence materials available to qualified purchasers include the **current rent roll, existing leases, security deposit information, property tax information, annual insurance premiums, utility information, property improvement summaries, and occupancy information**.
Property tours may be coordinated with an accepted offer during the buyer's due diligence period.
**Offered at $2,100,000.**
Contact listing broker for the complete Offering Memorandum, financial information, and additional due diligence materials.