612 Protzman, Morgantown, WV 26505
612 Protzman, Morgantown, WV 26505
612 Protzman, Morgantown, WV 26505
612 Protzman, Morgantown, WV 26505
612 Protzman, Morgantown, WV 26505
612 Protzman, Morgantown, WV 26505
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Listed by ANTHONY DiMATTEIS • BLUE SKY REALTY, LLC
$ 7,750,000
Est. payment | /mo

53,976 SqFt


Save
$ 7,750,000
Est. payment | /mo
Save

53,976 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 53,976 sqft

Price per Sqft $143

MLS Listing ID 10167686

Style Other

Year Built 2013

Annual Tax Amount $87,743

Tax Year 2026

Lot Size 1.500 Acres

Property Sub-Type Other

Property Description

Rare commercial investment opportunity in the heart of Morgantown! Built in 2013/14, this high performing 87 unit multifamily complex offers the ultimate student living experience just a ten minute stroll from West Virginia University's downtown campus. Spanning four adjacent buildings within a single cohesive community, the property features a unit mix consisting of 79 one-bedroom/one-bathroom units and 8 two-bedroom/two-bathroom units, all equipped with convenient in unit washers and dryers. The portfolio includes 36 one bedroom units at 612 Protzman Street, 24 one bedroom units at 7 Glenn Street, 16 one bedroom units at 3 Glenn Street, and 11 total units at 508 Protzman Street, which houses the 8 two bedroom layouts alongside 3 one bedroom units. Furthermore, 508 Protzman features an on site fitness room that presents immediate value add potential for conversion into an additional income producing studio apartment. Complete with off street parking for every single bedroom, this turnkey asset delivers exceptional location, strong tenant appeal, and outstanding revenue generation.

Location

State WV

County Monongalia

Area Monongalia/Morgantown

Zoning General Commercial

Direction From WVU's Mountain Lair on UniversityAve, travel north .25 miles and turn rightonto Falling Run Rd. Proceed up FallingRun Rd and the complex will be on yourright after about 1 mile.

Rooms

Basement None

Interior

Interior Features Electric Dryer Connection, Electric Stove Connection, Other

Heating Central Heat, Electric, Forced Air

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Laminate, Luxury Vinyl Plank, Other

Equipment Other, Sprinkler System

Appliance Other

Exterior

Exterior Feature Other, Sprinkler System

Parking Features None

Fence None

Waterfront Description None

View City Lights, Other

Roof Type Shingles

Building

Story 4

Foundation Concrete, Other

Sewer City Sewer, City Water

Schools

Elementary Schools Brookhaven Elementary

Middle Schools Mountaineer Middle

High Schools Morgantown High

Nearby Locations

Josh Hart

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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612 Protzman