1493 University Avenue – Morgantown, WV

1493 University Avenue
Morgantown, WV

Deal Type: Sale & Lease

Sale Price: 1,195,000

Lease Price: Negotiable

Lease Structure

N/A

Industry

Investment

Gross Lot Size

0.17 AC

Total Space Available

N/A

Gross Building Size

11,492 (+/-) Square Feet

Min Divisible

11,492 (+/-) Square Feet

Cap Rate

N/A

Number of Buildings

1

Number of Units

N/A

Number of Beds

33

Overhead Doors

N/A

Loading Docks

N/A

Industrial Ceiling Height

N/A

Parking

4 Spaces

Zoning/City Limits

R-2

Topography

N/A

Subdivide Options

N/A

About This Property

1493 University Avenue – Morgantown, WV

With its unbeatable campus-front location and thoughtfully curated living experience, 1493 University Avenue stands out as a premier student housing opportunity. This 33-bed, four story property was designed for maximum appeal and minimal hassle. The property delivers the kind of consistent rental performance investors seek. Its inviting common areas, upgraded amenities, and walkable access to campus life make it a favorite among students. This turn-key property blends historic charm with modern functionality, making it a rare and valuable investment in one of Morgantown’s most sought-after locations.

The subject property provides practically direct access to the Mountain Line bus stop along University Avenue. Along Beechurst Avenue there is a daily traffic count of 23,194 vehicles. Source: ©2024 Kalibrate Technologies (Q4 2024).

For Sale: $1,195,000

Property Highlights