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700 McKean Avenue

$1,500,000

700 McKean Avenue, Donora, PA 15033

Active
Last Updated: 04/11/2024

4.45

Cap Rate

16,080 sqft

Building Size

Details:
Cap Rate:    4.45%
Building Size:    16,080 sqft
Lot Area:    4,500 acres
Occupancy:    73%
Description:

22 Unit Affordable Housing subsidized Section 8 Project Based Apartment Building. All 22 Units are 1 Bedroom and 1 Bathroom. All units are approximately 715 SF in size. One elevator services the entire building and also with 2 stairwells. Laundry Room and Community Room for Tenant's use. Excellent opportunity for experienced Section 8 Project Based Investor with management team. The property is open only to low income applicants that qualify through the Section 8 Project Based Program. All potential buyers need to be experience in Project Based Section 8 program with internal management or third party manager-ready.


The property is located in Donora Pennsylvania. Donora is located in Washington County. The property is located in the Pittsburgh MSA . The property is located 45 miles Southeast of the City of Pittsburgh and located 76 miles from the Pittsburgh International Airport.

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