Broadway Manor Apartments | 1101 Broadway St
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Broadway Manor Apartments 1101 Broadway St
26 Unit Apartment Building $2,182,904 CAD ($83,958 CAD/Unit) 9.22% Cap Rate East Mckeesport, PA 15035
Investment Highlights
- 26 units with a mix of 8 studios and 18 one-bedroom units.
- Bus Stop located just a block away
- Covered Off Street Parking
- East Access to Downtown Pittsburgh - 13 miles southeast
Executive Summary
SVN Three Rivers Commercial Advisors is pleased to shared the opportunity to acquire Broadway Manor Apartments. The property consists of two buildings in East McKeesport with 26 units (mix of studios and one-bedroom units). The buildings provide off street parking (covered), coin op laundry, and easy access to public transit. Tenants pay separate electric and a $50/month utility fee.
Property Facts
| Price | $2,182,904 CAD | Building Class | C |
| Price Per Unit | $83,958 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 19,554 SF |
| Cap Rate | 9.22% | Average Occupancy | 96% |
| No. Units | 26 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 0.26/1,000 SF |
| Apartment Style | Low Rise |
| Price | $2,182,904 CAD |
| Price Per Unit | $83,958 CAD |
| Sale Type | Investment |
| Cap Rate | 9.22% |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 19,554 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 0.26/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- Laundry Facilities
- Storage Space
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PROPERTY TAXES
| Parcel Number | 0547-B-00154-0000-00 | Improvements Assessment | $243,605 CAD |
| Land Assessment | $33,854 CAD | Total Assessment | $277,459 CAD |
PROPERTY TAXES
Parcel Number
0547-B-00154-0000-00
Land Assessment
$33,854 CAD
Improvements Assessment
$243,605 CAD
Total Assessment
$277,459 CAD
zoning
| Zoning Code | C |
| C |
Contacts
-
Keane George -
Perry Nickleach -
Chris Parke -
SVN - Three Rivers Commercial Advisors
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Broadway Manor Apartments | 1101 Broadway St
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