484 Inglewood Blvd Morgantown, WV 26505

OFF-MARKET

Garden apartment buildings

Property ID

US94-0456565

0.24 ac lot

Individually Owned 18-yr Hold Absentee Owner Free & Clear

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An 11-unit multi-family apartment building in Morgantown, West Virginia, located near WVU Medical Center, NIOSH, and Mylan Puskar Stadium. The building contains seven efficiency apartments, three two-bedroom apartments, and one one-bedroom apartment. Interior updates include luxury vinyl plank flooring and fresh paint across the units, and many units have furnished interiors. Exterior features include new entrance doors with combination locks on apartment entries, updated exterior lighting, and a freshly painted exterior. The property has a shared coin-operated laundry facility equipped with two washers and two dryers. It is sited on a 0.243-acre lot with a building area of 6,912 square feet, and is zoned for Two Family & Multi-Family use.

Property type Garden apartment buildings

Use group GARDEN APT, COURT APT (5+ UNITS)

Lot 0.24 ac (10,585 SF)

APN 31-15- 11-0093.0000

UPID US94-0456565

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Importer Market Researcher

484 Inglewood Blvd Morgantown, WV 26505-0167

Morgantown metro Census 10204 MORGANTOWN, WV METROPOLITAN STATISTICAL AREA

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AI Approach AI

$290k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$290k

since 2008

1 recorded transaction

2008

$792,900

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

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