Multifamily
Downtown Greensburg Mixed-Use Portfolio
102-106 E Otterman Street, Greensburg, PA 15601
Listing Price: $2,950,000
Cap Rate
7.82%
GRM
7.85
Investment Overview
A three-property mixed-use portfolio in Downtown Greensburg, PA with convenient access to Seton Hill University (10-minute walk)
Investment Highlights
- 10-minute walk to Seton Hill University (0.4mi)
- PPG has BBB+ credit rating
- 18-minute walk to IHS Westmoreland Hospital (0.7mi)
- 3-minute walk to Westmoreland County Courthouse (0.2mi)
- Less than one mile from Greensburg's largest employers, including Independence Health Systems, Westmoreland County and Seton Hill University
- Approximately 45 minutes from Downtown Pittsburgh
- All windows replaced within last five years at 101-105 East Pittsburgh and 102-106 East Otterman. Roofs replaced in 2023 (37-41 E. Pittsburgh), 2022 (101-105 E. Pittsburgh) and 2012 (102-106 E. Otterman)
- East Otterman includes in-unit washers/dryers
Broker of Record
-
Timothy B. Stephenson Jr
Managing Director, Market Leader - Philadelphia
Financing By
Investment Highlights
- 10-minute walk to Seton Hill University (0.4mi)
- PPG has BBB+ credit rating
- 18-minute walk to IHS Westmoreland Hospital (0.7mi)
- 3-minute walk to Westmoreland County Courthouse (0.2mi)
- Less than one mile from Greensburg's largest employers, including Independence Health Systems, Westmoreland County and Seton Hill University
- Approximately 45 minutes from Downtown Pittsburgh
- All windows replaced within last five years at 101-105 East Pittsburgh and 102-106 East Otterman. Roofs replaced in 2023 (37-41 E. Pittsburgh), 2022 (101-105 E. Pittsburgh) and 2012 (102-106 E. Otterman)
- East Otterman includes in-unit washers/dryers
Investment Overview
A three-property mixed-use portfolio in Downtown Greensburg, PA with convenient access to Seton Hill University (10-minute walk)
Broker of Record
-
Timothy B. Stephenson Jr
Managing Director, Market Leader - Philadelphia
Financing By