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Apartment Building with On-Site Laundry
For Sale
$2,400,000

114 Book Avenue, Beaver Falls, PA 15010

31-unit apartment building offering on-site laundry and parking, with a unit mix of one-, two-, and three-bedroom homes.

Property Size27,328 SF
Days on Market95

Property Features for 114 Book Avenue

General Information

Standard status Active
Size 27,328 SF
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 31

Building Details

Building Size 27,328 SF
Year Built 1978
Listing Agency: SVN | Three Rivers Commercial Advisors
Listed By: Bryan Donaldson · License #PA #RS273805
Source: Svn
Added: Jun 11 Changed: Sep 12 Last Checked: Sep 12 at 5:04AM

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.

Jennie Gardens is a 31-unit apartment building comprised of 16 two-bedroom units with one bathroom, nine two-bedroom units with one bathroom, four one-bedroom units with one bathroom, and two three-bedroom units with two bathrooms. The property is presented with an opportunity to continue renovating the units.

The community is located close to the Beaver County Airport and near Route 376 as well as the PA/OH Turnpikes, supporting convenient regional access. The property includes on-site laundry and a dedicated parking lot for residents.

This multifamily asset can be a fit for buyers seeking a residential income property with multiple unit types to accommodate different household needs, from one- and two-bedroom tenants to larger three-bedroom households. The existing unit mix and the stated ability to continue renovation work provide a practical platform for operators focused on unit improvement and property management.

Key Highlights

  • 31‑unit apartment building built in 1978 with a mix of 1BD/1BA, 2BD/1BA, and 3BD/2BA homes
  • Unit mix includes (16) 2BD/1BA, (9) 2BD/1BA, (4) 1BD/1BA, and (2) 3BD/2BA
  • On‑site laundry for residents

Property Analytics

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Current Use

Jennie Gardens Apartments Apartment Building

Suggested Use

Top Pick Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby

Demographics for 15010, PA

28,736
Population
12,620
Households
2.3
Avg Household Size
44
Median Age
31%
College-Educated
94%
High-School Grad
51.1 sq mi
ZIP Area
562
Density / Sq Mi
$70,253
Median Household Income
$40,943
Median Earnings
$833
Median Rent
$196,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 31-unit apartment building offering on-site laundry and parking, with a unit mix of one-, two-, and three-bedroom homes.
Where is this apartment building located?
The property is located at 114 Book Avenue Beaver Falls, PA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 31‑unit apartment building built in 1978 with a mix of 1BD/1BA, 2BD/1BA, and 3BD/2BA homes; Unit mix includes (16) 2BD/1BA, (9) 2BD/1BA, (4) 1BD/1BA, and (2) 3BD/2BA; On‑site laundry for residents
More about this property
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