Property No. 149273 Commercial property in Clarion County

College Park Apartments $1,750,000 1300 Leatherwood Drive Clarion

Thirteen two-story buildings containing 60 apartments. 58 two-bedroom units and one 1-bedroom unit, coin-operated laundry facility, and one unit set up as the business office. All buildings are two-story. Two buildings contain 8 units each. Eleven buildings contain 4 units each. Two buildings have full basements for storage. Plenty of off-street parking. Municipal bus service passes thru every half hour. Rent and occupancy rate varies but is in the range of $525/month at 85% occupancy. Rent includes water & sewer paid by owner. All units are one floor, two bedrooms, one full bath, eat-in kitchen, living room. Range & refrigerator included. All units are well maintained, as the complex is operated by hands-on owners. College Park Apts rents to students and non-students alike. HUD approved, and a housing choice by professionals, military personnel, etc. Pre-qualified buyers shown by appointment please.

$1,750,000


Price Reduced

Year Built: 1971
Lot Size: 2.66
Square Feet: 45000 sq ft.
Beds 0
School District
Zip:
Clarion Area
16214
Agent: Sal Mazzocchi
Room Sizes

Directions: From CCCH east on Main St, then right onto Greenville Ave. About 1/4 mile then left onto Heidrick St. At T-intersection turn right, past Eagle Park Apts then left onto Leatherwood Dr. Property is on left side and then turn right onto Park Circle. Includes the five buildings on left of Park Circle.

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