$15,600,000

551 Van Meter Way West Liberty, WV 26074

Estimated payment $91,950/month

Total Views 17,357
-- Bed
-- Bath
30,786 Sq Ft
$507 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • Home Security System
  • Wheeling Park High School Rated A-
  • Air Filtration System
  • Public Transportation

About This Home

Discover this remarkable 89-unit, income-producing investment opportunity in the charming West Liberty, WV. Nestled directly across from West Liberty University, this zero-vacancy, five-building multi-family rental portfolio offers a well- diversified unit mix including two- and three-bedroom apartments. What’s more, in four of the five buildings, there is a bathroom for every bedroom in each unit, enhancing the rental potential and minimizing vacancy risk, and each building has ample off-street parking in the expansive surface lots. The portfolio has a strong and long-standing rental history since the first building was completed in 2007. The well-maintained University Place/Topper Village portfolio is well- positioned in the thriving community with easy access to all local amenities, other schools, parks, and major roadways. Searching for a great turn-key, income-producing investment opportunity? Look no further!

Listing Agent

Dominic Janidas

BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY License #WVA230040255 Listed on: 10/17/2024

BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $106,015

Year Built

  • Built in 2007

Lot Details

  • 2.4 Acre Lot
  • Property fronts an easement
  • Chain Link Fence
  • Landscaped
  • Sprinkler System

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Stone Siding
  • Stucco Exterior
  • Radon Mitigation System

Interior Spaces

  • 30,786 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Neighborhood Views
  • Walk-Out Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Luxury Vinyl Plank Tile

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Schools

  • West Liberty Elementary School
  • Warwood Middle School
  • Wheeling Park High School

Utilities

  • Air Filtration System
  • Forced Air Heating System
  • Baseboard Heating
  • 150 Amp Service
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Handicap Modified
  • Exterior Lighting

Community Details

  • 89 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 0062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$106,015

Year Built

Built in 2007

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 551 Van Meter Way
  • Second Address Number: 551
  • Directions: I-79 S to I-70 W. W on State Route 3024, exit 6 from I-70 W. US Hwy 40 W to South Drive.
  • Geo Address Line: 551 Van Meter Way
  • Geo Longitude: -80.601116
  • Geo Primary City: West Liberty
  • Geo Quality: 0.95
  • Geo Subdivision: WV
  • Geo Zoom Level: 16
  • Handicap Modified: Yes
  • List Type: Exclusive Agency
  • Lot Dimension: irr
  • Number Of Stories: 3
  • Price per Sq Ft: 506.72
  • OFFICELIST_STATE: WV
  • Street Designation: Way
  • Building Style: Traditional, Other
  • TaxAmountDollars: 106015
  • Total Sq Ft: 30786
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Other
  • Has Attic: None
  • Has Basement: Walk-Out
  • Kitchen Equipment: Smoke Detectors, Security System, Air Filter, Cable Ready, Hot Water Heater Elec., Radon Mitigation System, Sprinkler System, Carbon Monoxide Detectors, High Speed Internet Avail
  • Flooring: Luxury Vinyl Plank, Vinyl, Wall-to-Wall Carpet
  • Interior Amenities: Elevator
  • Legal Description: TOWN 68X 213 1/2 FT
  • Basement Type: Other

Exterior Features

  • Exterior Construction: Brick, Frame
  • Exterior: Brick, Stone, Stone (composite), Stucco
  • Exterior Features: Double Thermo Windows, Fire Escape, Landscaped, Outside Lighting, Sprinkler System
  • Fence: Chain Link
  • Foundation: Block
  • Number of Acres: 2.4
  • Roof: Shingles
  • View: Neighborhood
  • Waterfront: None

Garage/Parking

  • Garage Spaces: None
  • Parking: Off-Street Parking

Utilities

  • Cooling: Electric, Other
  • Electricity: 100 Amps, 150 Amps
  • Heating: Forced Air, Baseboards, Electric
  • Water Sewer Description: City Sewer, City Water

Condo/Co-op/Association

  • Community Amenities: Public Transportation, Other
  • Units in Building: 89
  • Property Description: Easements

Fee Information

  • Tax Class: Multi-Unit/Income

Schools

  • Elementary School: West Liberty Elementary
  • Middle School: Warwood School
  • High School: Wheeling Park High
  • School District: West Liberty Town Corporation
  • Elementary School: West Liberty Elementary
  • High School: Wheeling Park High
  • Middle School: Warwood School

Lot Info

  • Geo Update Timestamp: 2024-10-17
  • Deed Page: 533
  • Parcel #: 0062
  • Zoning: General Commercial

Tax Info

  • Tax Year: 2023

MLS Schools

  • School County: Ohio

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 For Sale $15,600,000 -- $507 / Sq Ft
Source: North Central West Virginia REIN

Source: North Central West Virginia REIN

MLS Number: 10156827

North Central West Virginia REIN

APN: 35-09- WL3-0062.0000