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Pennsylvania
Pittsburgh PA, 5.5M
North Versailles Township
Cash
Portfolio
$
5500000
North Versailles Township
Description:
Details:
87-Unit 2-Property Portfolio Versailles PA
outside Pittsburgh
Section 8 Voucher | 92+% Occupied
$5,550,000 | 7.14% Cap | jd7296,7.18
Eastland Apartments
• 27 Units (HAP Contract - Section 8)
• Mix: 15 One-Bedroom / 12 Two-Bedroom
• Location: 920 East Pittsburgh McKeesport Blvd
Cliffview Gardens
60 Units (HAP contract )
• Mix: 12 One-Bedroom / 24 Two-Bedroom / 24 Three-Bedroom
• Location: 1500 Ice Plant Hill Road
• Two properties located within a 5-minute drive of each other
Value Adds:
Miscellaneous:
Section 8 Guaranteed payments and annual increases | Onsite maintenance | Income restrictions
More details:
$
5500000
North Versailles Township
CAP:
7.14%
Fee Paid By Buyer:
2%
NOI:
$392,700
Assumable Loan:
Seller Carry:
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Contact us
For inquiries, reach out to taylor@introsatscale.com