For Sale

Kensington Arms

400 11th St,
New Kensington, PA 15068

Asset Snapshot

N/A
Multifamily Subtype
0.60 Acres
Land Area
50 Units
Unit Count
39,099 SF
Property Size

Offering Summary

Investment Overview

SVN Three Rivers Commercial Advisors is pleased to present Kensington Arms Apartments for sale. The property features 50 units consisting of 17 studios and 33 x 1-bedroom apartments with convenient on-site amenities including free parking and laundry facilities. The landlord is responsible for gas, water/sewer, and trash while the tenant is responsible for electric and internet. Situated in the heart of New Kensington and downtown revitalization projects, Kensington Arms is conveniently located steps away from local shops, restaurants, and public transit.


Investment Highlights

  • Beautiful Brick Building
  • Large units with high ceilings
  • Full basement with room for additional amenities
  • Upside available by increasing rents to market rates

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$1,500,000
Asking Price

Investment Sales Broker

Perry Nickleach II
SVN | Three Rivers Commercial Advisors

Market Insights