Carriage Hills 545 Goucher St 96 Unit Apartment Building $7,142,000 ($74,396/Unit) 7% Cap Rate Johnstown, PA 15905
EXECUTIVE SUMMARY
Full marketing coming soon! Huge value add opportunity. Under 75k per unit with new rents between $900-$950! Assumable CMBS note. Public utilities. Owner currently paying for gas heat and hot water. Electricity individually metered.
PROPERTY FACTS
| Price | $7,142,000 |
| Price Per Unit | $74,396 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.47 AC |
| Building Size | 140,994 SF |
| Average Occupancy | 99% |
| No. Stories | 3 |
| Year Built | 1971 |
| Parking Ratio | 1/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Views
- Walk-In Closets
SITE AMENITIES
- Laundry Facilities
- Picnic Area
- Trash Pickup - Door to Door
- Walking/Biking Trails
- Maintenance on site
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PROPERTY TAXES
| Parcel Number | 062-077914 | Improvements Assessment | $738,660 |
| Land Assessment | $119,340 | Total Assessment | $858,000 |
ZONING
| Zoning Code | R-5 |
