Multi-Family for Sale
Catylist Listing ID: 30841280
Property Subtypes: Student Housing
Number of Units: 42 Units
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Sale Price: $1,350,000
Unit Price: $32,142.86 Per Unit
Property Use Type: Investment
Building Name: 619, 620, 621, 622, 623, 627, 628, 649 John Marshall Drive
Sale Terms: Cash to Seller
Average Occupancy Rate: 90
Last Updated: 11/17/2023

Overview / Comments

Sewell Commercial Brokerage is proud to offer a portfolio of student housing located One Block from Marshall University in Huntington, WV.

This portfolio consists of Nine properties featuring multiple bedrooms for student housing.
The offering totals 42 Bedrooms (Two Efficiency Apartments) with off-street parking available.

Each unit includes Washer/Dryer and typical appliances. The units have been meticulously maintained by the current ownership with zero deferred maintenance required by the new owners.

Four of the buildings have received new metal roofing systems, three units have received new roofing systems over the patio areas. In addition, five of the buildings have undergone updated 200-AMP electrical systems.

Attachments & Media

Additional Details

Nearest MSA: Huntington-Ashland
County: Cabell
Tax ID/APN: 06050019049600000000
Zoning: R-1
Percent Occupied: 90%
Community Amenities: On-Site Maintenance
Total Number of Buildings: 9
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Laundry: Shared
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central, Radiant, Heat Pump
Fuel: Gas, Electric
Air Conditioning: Engineered System, Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,674 49,978 76,881
Median Age: 31.21 37.65 38.75
Households: 6,569 21,868 32,989
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