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Greensburg Apartment Complex For Sale

1015 Willowbrook Dr. Greensburg, PA 15601

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48-unit apartment complex in Greensburg, Pennsylvania, built in 1967.

Type:Multifamily
Property size:
35,680 SF
Price / SF:
$93/SF
Added:
May 20, 2026
Days on Market:
53
Last Refresh:
Jul 5 at 1:45 pm

Property Features for 1015 Willowbrook Dr.

General Information

Standard status
Active
Size
35,680 SF
Property subtype
Multifamily

Building Details

Year Built
1967

Listing office SVN | Three Rivers Commercial Advisors

Listing date May 20, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SVN | Three Rivers Commercial Advisors


Investment Insights

Based on property information with market context.

This property features a 48-unit apartment complex constructed in 1967, situated in Greensburg, Pennsylvania. The complex comprises four residential buildings located in a quiet neighborhood. Its location provides convenient access to amenities such as the Westmoreland Mall, Live! Casino Pittsburgh, restaurants, shops, and grocery stores. The unit mix includes 44 one-bedroom units and 4 efficiency units. Tenants are responsible for electric and water/sewage. A $100/month ancillary fee covers trash, cable, and Internet. The property encompasses a total size of 35680 square feet.

Key Highlights

  • 48‑unit apartment complex offers significant investment potential.
  • Convenient location in a quiet neighborhood near Westmoreland Mall, Live! Casino Pittsburgh, restaurants, shops, and grocery stores.
  • Tenants pay electric and water/sewage, reducing landlord expenses.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $548.0k $15.36
− Vacancy −$34.0k −$0.95
EGI $514.1k $14.41
− OpEx −$231.3k −$6.48
NOI $282.7k $7.92
35,680 SF · lease $15.36/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$4.04M
$3.53M – $4.71M (±1% cap)
NOI $282,736 @ 7.0% cap · market cap 8.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.09M
$7.95M – $10.60M (±1% cap)
NOI $636,177 @ 7.0% cap · market cap 18.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service Law Firm Plumbing Service Locksmith Pharmacy (Bike/Boat/Book/etc) Store Veterinary Clinic Grocery & Convenience Store Hair Salon Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 48-unit apartment complex in Greensburg, Pennsylvania, built in 1967.
Where is this apartment building located?
The property is located at 1015 Willowbrook Dr. Greensburg, PA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 48‑unit apartment complex offers significant investment potential.; Convenient location in a quiet neighborhood near Westmoreland Mall, Live! Casino Pittsburgh, restaurants, shops, and grocery stores.; Tenants pay electric and water/sewage, reducing landlord expenses.
Contact an agent
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