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Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY
$ 600,000
Est. payment /mo
Active
741 Camp Hollow Rd West Mifflin, PA 15122
3.91 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1761245
HOA Y/N No
Annual Tax Amount $9,952
Lot Size 3.914 Acres
Acres 3.914
Property Sub-Type Apartment
Property Description
Incredible Value-Add Investment Opportunity at 741 Camp Hollow Road in West Mifflin!
Bring your vision and unlock the tremendous potential of this 70-unit apartment complex situated on nearly 4 acres in a highly accessible location. This property consists of 37 one-bedroom units and 33 efficiency units, offering investors a rare opportunity to reposition and revitalize a large multifamily asset in a market with strong rental demand.
Each unit is equipped with its own hotel-style heating and air conditioning system, while the expansive parking lot provides ample parking for residents and guests. One major capital improvement has already been completed, with a new roof installed in 2021.
The income potential is substantial. Based on current area rental averages of approximately $885 per month for one-bedroom units and $662 per month for efficiency units, the property has the potential to generate over $600,000 in annual gross rental income once stabilized.
Location is another major advantage. The property is conveniently situated near several major employers, including the US Steel facilities, the Naval Nuclear Laboratory, and the RIDC Industrial Park. Residents will also enjoy easy access to shopping, dining, and everyday conveniences. Additionally, the nearby Route 43 extension provides excellent connectivity throughout the Mon Valley and beyond, enhancing the property's appeal to commuters.
Whether you're an experienced multifamily investor, redevelopment specialist, or looking for your next large-scale value-add project, 741 Camp Hollow Road presents a rare opportunity to create significant long-term cash flow and equity growth.
Don't miss your chance to transform this exceptional West Mifflin investment property into a high-performing income-producing asset.
Bring your vision and unlock the tremendous potential of this 70-unit apartment complex situated on nearly 4 acres in a highly accessible location. This property consists of 37 one-bedroom units and 33 efficiency units, offering investors a rare opportunity to reposition and revitalize a large multifamily asset in a market with strong rental demand.
Each unit is equipped with its own hotel-style heating and air conditioning system, while the expansive parking lot provides ample parking for residents and guests. One major capital improvement has already been completed, with a new roof installed in 2021.
The income potential is substantial. Based on current area rental averages of approximately $885 per month for one-bedroom units and $662 per month for efficiency units, the property has the potential to generate over $600,000 in annual gross rental income once stabilized.
Location is another major advantage. The property is conveniently situated near several major employers, including the US Steel facilities, the Naval Nuclear Laboratory, and the RIDC Industrial Park. Residents will also enjoy easy access to shopping, dining, and everyday conveniences. Additionally, the nearby Route 43 extension provides excellent connectivity throughout the Mon Valley and beyond, enhancing the property's appeal to commuters.
Whether you're an experienced multifamily investor, redevelopment specialist, or looking for your next large-scale value-add project, 741 Camp Hollow Road presents a rare opportunity to create significant long-term cash flow and equity growth.
Don't miss your chance to transform this exceptional West Mifflin investment property into a high-performing income-producing asset.
Location
State PA
County Allegheny-south
Area West Mifflin
Zoning R2
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Road Frontage County Road
Building
Structure Type Brick
