Commercial Real Estate Services
  • 3818 MACCORKLE AVENUE SE
    CHARLESTON, WV 25304
Commercial Real Estate Services

900 on Lee 900 Lee St E 65 Unit Apartment Building $27,000,000 ($415,385/Unit) Charleston, WV

900 on Lee 900 Lee St E 65 Unit Apartment Building $27,000,000 ($415,385/Unit) Charleston, WV
 

Investment Highlights

  • Walk to all downtown amenities

Executive Summary

Prime investment opportunity in the central business district of Charleston WV, the capital city for the State of West Virginia. Urban living at its finest, 65 units overlooking the downtown central business of Charleston within walking distance to all amenities. The buildings first two floors are anchored by a Regional bank (Wesbanco) on a 10 year lease. Up to $9,000,000 in potential transferable historical tax credits ! Call for details and schedule showing

Attachments

900onlee el slick with photos_1
900onlee slick with photos

Property Facts

Price$27,000,000Lot Size0.56 AC
Price Per Unit$415,385Building Size115,000 SF
Sale TypeInvestmentAverage Occupancy75%
No. Units65No. Stories17
Property TypeMultifamilyYear Built1969
Property SubtypeApartmentParking Ratio3.91/1,000 SF
Apartment StyleHigh RiseOpportunity ZoneYes
 
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building ClassB
Price$27,000,000
Price Per Unit$415,385
Sale TypeInvestment
No. Units65
Property TypeMultifamily
Property SubtypeApartment
Apartment StyleHigh Rise
Building ClassB
Lot Size0.56 AC
Building Size115,000 SF
Average Occupancy75%
No. Stories17
Year Built1969
Parking Ratio3.91/1,000 SF
Opportunity ZoneYes
 
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Business Center
  • Fitness Center
  • Property Manager on Site
  • Corporate Suites
  • Furnished Units Available
  • Grill
  • Media Center/Movie Theatre
  • Pet Washing Station

Unit Mix Information

DescriptionNo. UnitsAvg. Rent/MoSF
1+135-907 - 1,022
2+230-1,307 - 1,321

Links

Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.

Transportation

Airport

Yeager Airport
13 min drive5.5 mi
13 min drive5.5 mi

PROPERTY TAXES

Parcel Number20-11- 8-0092.0000Improvements Assessment$7,162,700
Land Assessment$347,400Total Assessment$7,510,100

PROPERTY TAXES

Parcel Number
20-11- 8-0092.0000
Land Assessment
$347,400
Improvements Assessment
$7,162,700
Total Assessment
$7,510,100

zoning

Zoning CodeCommercial
Commercial

Walk Score

Property Type

For Sale

Status

Available

Listing Agent

900 on Lee 900 Lee St E 65 Unit Apartment Building $27,000,000 ($415,385/Unit) Charleston, WV

Email

mpt@realcorpinc.com

Phone

1-304-541-7000
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Commercial Real Estate Services

Realcorp, LLC combines many years of experience in specialized areas of expertise to offer superior services to our clients. Every Realcorp, LLC agent performs the necessary steps to take care of our clients’ needs, concerns, and goals. Realcorp, LLC knows each property is unique and requires a custom solution in order to achieve success.

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