209 Virginia Ave
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209 Virginia Ave
8 Unit Apartment Building $499,999 ($62,500/Unit) 11.97% Cap Rate Clarksburg, WV 26301
Investment Highlights
- Quiet Neighborhood
- Fully Occupied
- 8 Spacious Units
Executive Summary
Great income earning building with a low vacancy rate. 8 units offering 1 bedroom, 1 bath each. Some units can be 2 bedroom with a door installed. Two entrances and mailing addresses: 209 Virginia Ave and 310 Jefferson. An additional $350/month in coin laundry machines in basement. Water, sewer, and garbage included in rent. Electric is separated and two units have gas, also separate from each other.
New 40 year rubber roof, new water heaters, mostly all windows have been replaced, APO.
Parking available in lot across from Jefferson St. That parcel (181) is conveying with this sale. An ingress/egress will be given from parcel 181.1.
243 1/2 Maple Ave also available for purchase and own all the parking with additional income.
New 40 year rubber roof, new water heaters, mostly all windows have been replaced, APO.
Parking available in lot across from Jefferson St. That parcel (181) is conveying with this sale. An ingress/egress will be given from parcel 181.1.
243 1/2 Maple Ave also available for purchase and own all the parking with additional income.
Property Facts
| Price | $499,999 | Apartment Style | Low Rise |
| Price Per Unit | $62,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 11.97% | Building Size | 7,280 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1940 |
| Price | $499,999 |
| Price Per Unit | $62,500 |
| Sale Type | Investment |
| Cap Rate | 11.97% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,280 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1940 |
Unit Amenities
- Cable Ready
- Heating
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
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PROPERTY TAXES
| Parcel Number | 03-24-02020000 | Improvements Assessment | $137,580 |
| Land Assessment | $8,580 | Total Assessment | $146,160 |
PROPERTY TAXES
Parcel Number
03-24-02020000
Land Assessment
$8,580
Improvements Assessment
$137,580
Total Assessment
$146,160
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Sarah Elliott -
Audrey Harris -
Landmark Realty Services of WV, Inc.
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209 Virginia Ave
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