Value-Add 23 Units Multifamily Property in Washington, PA (30 min from Pittsburgh)

[Kalonji Mitchell]

An opportunity came across my desk that I thought you would be interested in. The property has 23 units and is currently listed. Given my work in the secondary mortgage space, I personally know the owner and lender; therefore, there may be an opportunity to be creative with the purchase of this property.

Property Snapshot:
- Asset Type: Multifamily
- Condition: Substantial renovation required

Why This Opportunity Stands Out:
- Value-Add Potential: Significant upside through strategic renovation
- Cash-Flow Play: Ideal candidate for long-term rental income post-rehab
- Market Fundamentals: Washington, PA continues to show stable rental demand and favorable investment metrics

This deal suits investors seeking distressed or underleveraged assets with the ability to reposition and maximize income. We estimate that post-renovation, the property will generate attractive cash-on-cash returns, especially given today’s rental market.

Let me know if you think this opportunity is of interest to you.