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Multifamily

Southview

3626 Zimmerman Rd, Erie, PA 16510

Listing Price: Request For Offer

Number of Units
24
Occupancy
96.0%
Gross SF
17,550

Investment Overview

Marcus & Millichap is pleased to present the Southview apartments and self-storage units located in Erie, Pennsylvania.

Investment Highlights

  • 24 Apartment Units plus 74 Storage Units
  • Diverse Stream of Revenues - 73 Percent Apartments, 27 Percent Self-Storage
  • Significant Opportunity to Grow Annual Revenue by Over$38,500 through Increasing Current Rents to Market Levels (Potential Apartment Revenue of Over $27,000 and Potential Storage Revenue of $11,500)
  • Located on the Heavily Trafficked Zimmerman Rd, Just Off E. 38th St– Over 13,500 Vehicles per Day
  • Less than 10 Minutes from All Major Employers and Universities in the MSA

Exclusively Listed By

  • Joshua L. Wintermute

    Senior Managing Director Investments

    (216) 264-2028

    Email Joshua

    License(s): OH: 2007002757, PA: RS308327

    Cleveland

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Multifamily

Southview

Listing Price: Request For Offer

Number of Units
24
Occupancy
96.0%
Gross SF
17,550

Investment Highlights

  • 24 Apartment Units plus 74 Storage Units
  • Diverse Stream of Revenues - 73 Percent Apartments, 27 Percent Self-Storage
  • Significant Opportunity to Grow Annual Revenue by Over$38,500 through Increasing Current Rents to Market Levels (Potential Apartment Revenue of Over $27,000 and Potential Storage Revenue of $11,500)
  • Located on the Heavily Trafficked Zimmerman Rd, Just Off E. 38th St– Over 13,500 Vehicles per Day
  • Less than 10 Minutes from All Major Employers and Universities in the MSA

Investment Overview

Marcus & Millichap is pleased to present the Southview apartments and self-storage units located in Erie, Pennsylvania.

Exclusively Listed By

  • Joshua L. Wintermute

    Senior Managing Director Investments

    (216) 264-2028

    Email Joshua

    License(s): OH: 2007002757, PA: RS308327

    Cleveland

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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