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Wehnwood Court 2708 Wehnwood Rd

60 Unit Apartment Building $970,000 ($16,167/Unit) 9% Cap Rate Altoona, PA 16601

Investment Highlights

  • Furnished units available.
  • Laundry facilities on-site.
  • Paved lot across the street.

Executive Summary

Property has fitness center, game room and study lounge.

Attachments

Brochure

Property Facts Under Contract

Price $970,000
Price Per Unit $16,167
Sale Type Investment
Cap Rate 9%
No. Units 60
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.82 AC
Building Size 48,000 SF
No. Stories 2
Year Built 1960
Parking Ratio 0.73/1,000 SF

Unit Amenities

  • Dishwasher
  • Microwave
  • Kitchen
  • Refrigerator
  • Range

Site Amenities

  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Wi-Fi

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 5 - 300
Studios 5 - 300
1+1 14 - 350
2+2 14 - 750
3+2 22 - 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-04285240
Land Assessment
$35,700
Improvements Assessment
$1,964,300
Total Assessment
$2,000,000
  • Listing ID: 33391882

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 2708 Wehnwood Rd, Altoona, PA 16601

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