For Sale
For Sale
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Year Built
1976
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Overview
Located in the County Seat of Washington County, Ohio. Community voted “best hometown” by Ohio Magazine. Access to I -77 is only 1 mile away. It is a prime location for shale oil & gas operations. Marietta is a historical town, the first settlement of Northwest Territory established in 1788. Location is also home to the renown Marietta College and only 16 miles from the West Virginia University at Parkersburg. Amazing location and excellent infrastructure with 69 units. Established operations with increased rents will create market interest. Workforce housing in the heart of the city. This is a highly sought-after product by national market investors. Asking price is $2.65 million with a 7% cap rate.
Property Details
Located in the County Seat of Washington County, Ohio. Community voted “best hometown” by Ohio Magazine. Access to I -77 is only 1 mile away. It is a prime location for shale oil & gas operations. Marietta is a historical town, the first settlement of Northwest Territory established in 1788. Location is also home to the renown Marietta College and only 16 miles from the West Virginia University at Parkersburg. Amazing location and excellent infrastructure with 69 units. Established operations with increased rents will create market interest. Workforce housing in the heart of the city. This is a highly sought-after product by national market investors. Asking price is $2.65 million with a 7% cap rate.
- Property TypeMulti-Family
- Year Built1976
- Sale Price$2,650,000
- Total Building Size40,000RSF
- Sale StatusAvailable
- Property ID2159105