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Updated 8-Unit Apartment Building
For Sale
$749,000
Pending

611 Cross Lanes Dr, Nitro, WV 25143

The building includes two-bedroom units with one-and-a-half baths and an accompanying parcel of land.

Property Size11,592 SF
Days on Market17

Property Features for 611 Cross Lanes Dr

General Information

Standard status Pending
Size 11,592 SF
Property subtype Residential Income

Units

Unit Mix 8 x 2BR/1.5BA
Multifamily Units 8
Listing Agency: Old Colony
Listed By: Lee Lewis · License #180300237
Source: Exprealty
Added: Jul 16 Changed: Jul 31 Last Checked: Jul 31 at 4:42PM

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 Old Colony

Investment Insights

Based on property information with market context.

This updated 8-unit apartment building contains 11,592 square feet and offers a consistent unit configuration of two bedrooms and one-and-a-half baths. The property includes an accompanying parcel of land, providing additional land area as part of the overall offering.

Located at 611 Cross Lanes Dr in Nitro, WV, the property combines updated residential units with a separate land component. Current rental income is associated with the apartment building, while the accompanying parcel is described as ready for development. The property is positioned as a multifamily asset with both existing apartment improvements and additional land included.

Key Highlights

  • 8‑unit apartment building
  • Each unit includes 2 bedrooms and 1.5 baths
  • 11,592 square feet of building area

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Hair Salon Plumbing Service Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby

Demographics for 25143, WV

8,792
Population
4,423
Households
2
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
8.9 sq mi
ZIP Area
988
Density / Sq Mi
$55,088
Median Household Income
$39,693
Median Earnings
$878
Median Rent
$119,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - The building includes two-bedroom units with one-and-a-half baths and an accompanying parcel of land.
Where is this apartment building located?
The property is located at 611 Cross Lanes Dr Nitro, WV.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 8‑unit apartment building; Each unit includes 2 bedrooms and 1.5 baths; 11,592 square feet of building area
More about this property
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