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The Fayette Building 52 W Main St

71 Unit Apartment Building $6,367,545 CAD ($89,684 CAD/Unit) 6.30% Cap Rate Uniontown, PA 15401

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Investment Highlights

In place 6.3% cap rate with an additional 102,609+/- SF of vacant space to add value
Potential for a total of Approximately 160 apartments plus first floor retail
Historic Building with tax credits available

71 Apartments / 93 Car Parking Lot - current setup
Priced at $21/ SF with strong in place income

Executive Summary

SVN Three Rivers Commercial Advisors is pleased to present the opportunity to purchase the historic 12 story Fayette Building in the heart of Uniontown, PA. The Fayette Building boasts as the largest and tallest structure in the city of Uniontown, consisting of 70 Multi-Family Units on floors 8-11, a large 10 bedroom owners apartment on floor 6, various commercial spaces on floors 1-5 and 7 with an eye-catching banquet/event space on the 1st floor. The sale includes a 93 car parking lot.

Property Facts

Price	$6,367,545 CAD	Apartment Style	Mid Rise
Price Per Unit	$89,684 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.48 AC
Cap Rate	6.30%	Building Size	211,559 SF
No. Units	71	No. Stories	11
Property Type	Multifamily	Year Built	1901
Property Subtype	Apartment General Retail Storefront Retail/Residential	Parking Ratio	0.44/1,000 SF

Price	$6,367,545 CAD
Price Per Unit	$89,684 CAD
Sale Type	Investment
Cap Rate	6.30%
No. Units	71
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.48 AC
Building Size	211,559 SF
No. Stories	11
Year Built	1901
Parking Ratio	0.44/1,000 SF