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Value Add Multifamily Opportunity in a Historically Difficult to Penetrate Market 

 

CBRE is proud to offer a multi-family portfolio located at 11 Duff Road, 7-9 Duff Road and 11670-11680 Frankstown Road (“The Properties or Portfolio”) for purchase at auction. The Properties consist of one, 11,160 SF, three-story mixed use building with 5 lower level office spaces (can be converted to apartments) and 11 upper apartments built in 1950 on a 6,626 SF parcel (11 Duff Road); one, 9,525 SF, three-story apartment building built in 1950 with 12 units (7-9 Duff Road); and two, two-story apartment buildings with 36,300 SF, built in 1968 on a 52,881 SF parcel with 36 units (11670- 11680 Frankstown Road).  The properties give a buyer the opportunity to acquire a portfolio within an asset class that’s historically difficult to penetrate. 

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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Pittsburgh Multifamily Portfolio

11670-11680 Frankstown Road, 7-9 Duff Rd, & 11 Duff Rd, Pittsburgh, PA 15235

Sold Subject To

Asset Snapshot

  • Asset Type
  • Real Estate
  • Land Area
  • 1.37 Acres
  • Year Built
  • 1950
  • Year Renovated
  • 2018
  • Number of Floors
  • 3
  • Number of Buildings
  • 4
  • Parking Count
  • 85
  • Occupancy
  • 94.90%
  • Occupancy as of
  • Mar 27, 2019
  • Multifamily Type
  • Garden
  • Number of Units
  • 59 Units
  • Property Size
  • 56,985 Sq Ft
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Cooperating Broker Fee Available!

    Cooperating brokers may be eligible for a 0.50% co-op fee if their client is the winning bidder. If you are a broker, click here to login and identify your client.

  • Auctioneer

    1. Lamar P. Fisher

      Fisher Auction Company Inc.

      License: AU005925