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BDR Commercial Real Estate - Investment Offerings

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304.413.4350

BLACKDIAMONDREALTY.NET

INVESTMENT

COMMERCIAL REAL ESTATE OFFERINGS


https://www.yumpu.com/en/document/read/66325232/affordable-housing-portfolio

PRICE

REDUCTION!

AFFORDABLE HOUSING PORTFOLIO

KENTUCKY / WEST VIRGINIA

MULTI-FAMILY

VIEW FULL MARKETING FLYER

This multifamily offering is comprised of multiple

properties in several rural markets in Kentucky and

West Virginia. It contains 398 total apartments across

17 properties. All of the assets are operated under

various types of affordable housing programs. Every

property is self-managed by the owner who has built a

high quality, hands-on property management firm that

exclusively services these assets. The sale includes this

management company and its current infrastructure

and steady stream of management fee income, so a purchaser

is ensured a stable transition to new ownership.

The properties are meticulously maintained with a loyal

tenant base and property management team.

SALE PRICE / $17,000,000

TOTAL PROPERTIES / 17

TOTAL UNITS / 398

PROPERTY FEATURES / OFF-STREET PARKING, QUALITY

AFFORDABLE HOUSING, METICULOUSLY MAINTAINED,

SALE INCLUDES MANAGEMENT COMPANY


731

731, 733 LAZZELLE UNION ROAD

MAIDSVILLE, WV 26541

BACK

733

INDUSTRIAL / OFFICE

Black Diamond Realty is pleased to present 731 and

733 Lazzelle Union Road, two industrial buildings on

8.68 (+/-) acres. 731 Lazzelle Union Road is fully leased.

This two building portfolio is located adjacent to

Lazzelle Union Road and the CSX-operated industrial

railway system that runs along the Monongahela River

to Pittsburgh. The property is located 2.2 miles to

Route 19, 3.3 miles to I-79, Exit 155, 4.2 miles to I-79,

Exit 152 and 8 miles to the I-68/I-79 interchange.

SALE PRICE / $2,595,000

GROSS BUILDING SIZE / 40, 841 SQ FT

BUILDING 731: 19,841 SQ FT

BUILDING 733: 21,000 SQ FT

LOT SIZE / 8.68 ACRES

VIEW FULL MARKETING FLYER

https://www.yumpu.com/en/document/read/65907892/731-733-lazelle-union-road-investmentmarketing-flyer

PROPERTY TYPE / WAREHOUSE, MANUFACTURING

PROPERTY FEATURES / LARGE PARKING LOT, FENCED,

OVERHEAD DOORS, WASH BAY, 3-TON JIB CRANE, 3-PHASE

ELECTRIC, MEZZANINE SPACE, OFFICE SPACE, OUTDOOR FUEL

TANKS, OUTDOOR STORAGE YARD, 24’ CEILING HEIGHTS,

5” CONCRETE FLOORS


240, 250 SCOTT AVENUE

MORGANTOWN, WV 26508

OFFICE BUILDINGS

VIEW FULL MARKETING FLYER

https://www.yumpu.com/en/document/read/65535044/240-250-scott-avenue-investment-marketing-flyer

Black Diamond Realty is pleased to present to qualified

buyers, 240 and 250 Scott Avenue which includes

two office buildings on 1.54 acres. Building 240 is

comprised of 12,160 (+/-) square feet and Building

250 is comprised of 6,547 (+/-) square feet. There are

roughly 55 off street parking spaces available to the

property. The buildings can be purchased together

as a package or separately.

PACKAGE SALE PRICE / $1,495,000

BUILDING 240 / $921,000

BUILDING 250 / $649,000

BUILDING SIZE / 240 - 12,160 SQ FT / 250 - 6,547 SQ FT

LOT SIZE / 1.54 ACRES

ZONING DESCRIPTION / NONE

PROPERTY FEATURES / OFF-STREET PARKING, LOCATED

CLOSE TO MAJOR THOROUGHFARE, QUICK INTERSTATE

ACCESS, SALE-LEASEBACK OPPORTUNITY


1195 PINEVIEW DRIVE

MORGANTOWN, WV 26505

OFFICE BUILDING

VIEW FULL MARKETING FLYER

https://www.yumpu.com/en/document/read/65935904/1195-pineview-drive-investment-marketing-flyer

1195 Pineview Drive is a three-story office building

consisting of 11,536 (+/-) square feet. The building is

constructed on a 0.615 acre lot with approximately

150 off street parking spaces available to tenants and

visitors. The property is located in the heart of Suncrest

just steps from a major thoroughfare with exceptional

visibility. It’s positioned within walking distance of the

WVU’s Health Sciences Center campus, Ruby Memorial

Hospital, restaurants, shopping, and more. Just 0.3 mile

down the road at the intersection of Van Voorhis Road

and University Ave, there is a daily traffic count of

32,493 vehicles per day (WVDOH, 2015).

SALE PRICE / $1,195,000

GROSS BUILDING SIZE / 11,536 SQ FT

LOT SIZE / 0.615 ACRE

TOTAL RENTABLE UNITS / 6

ZONING DESCRIPTION / C1, GENERAL COMMERCIAL

PROPERTY FEATURES / EXCELLENT VISIBILITY, OFF-STREET

PARKING LOT, LOCATED CLOSE TO MAJOR THOROUGHFARE,

SIGNAGE, WITHIN WALKING DISTANCE TO MANY AMENITIES


2, 20 CLARK ROAD

MORGANTOWN, WV 26508

MULTI-FAMILY / RETAIL

VIEW FULL MARKETING FLYER

https://www.yumpu.com/en/document/read/66275623/2-20-clark-road-investmentmarketing-flyer

Black Diamond Realty is pleased to offer to qualified

investors the opportunity to acquire 2-20 Clark Road

in Morgantown, WV. This asset is situated northwest

of the developing areas including Cheat Lake and

Morgantown. This mixed-used building is comprised

of 7,840 (+/-) square feet on 0.28 acre and offers

apartment suites, office space, and a retail store.

The building is ~95% leased. The property is a short

drive to many amenities such as Cheat Lake, Cheat

Landing Development, downtown Morgantown,

hospitals and more. The property is situated 0.4 mile

to Route 43, 1.2 miles to I-68, Exit 10 and 11 miles to

the I-68/I-79 interchange.

SALE PRICE / $950,000

GROSS BUILDING SIZE / 7,840 SQ FT

GROSS LOT SIZE / 0.28 ACRE

CITY LIMITS / OUTSIDE

PROPERTY FEATURES / LOCATED CLOSE TO MAJOR

THOROUGHFARE, QUICK INTERSTATE ACCESS, OFFICE

SPACE, 1-BEDROOM APARTMENTS


PRICE

REDUCTION!

496 LAWNVIEW DRIVE

MORGANTOWN, WV 26505

MULTIFAMILY

VIEW FULL MARKETING FLYER

https://www.yumpu.com/en/document/read/66626221/496-lawnview-drive-investment-marketing-flyer

Black Diamond Realty is pleased to present to qualified

buyers, 496 Lawnview Drive, a 4-unit apartment building

on 0.35 acre. The apartment building is comprised of

4,480 (+/-) square feet across two floors The property

offers roughly 9 off-street parking spaces with the option

to double park cars allowing for up to eighteen spaces.

The building is 100% leased.

SALE PRICE / $595,000

GROSS BUILDING SIZE / 4,480 SQ FT

LOT SIZE / 0.35 ACRE

TOTAL RENTABLE UNITS / 4

CITY LIMITS / INSIDE

PROPERTY FEATURES / OFF-STREET PARKING LOT, LOCATED

CLOSE TO MAJOR THOROUGHFARES AND AMENITIES,

FULLY LEASED


1200 MORGANTOWN AVENUE

FAIRMONT, WV 26554

INDUSTRIAL / OFFICE

VIEW FULL MARKETING FLYER

https://www.yumpu.com/en/document/read/65879275/1200-morgantown-ave-investment-marketing-flyer

Black Diamond Realty is pleased to present 1200

Morgantown Avenue, a fully leased warehouse/industrial

property comprised of 25,805 square feet on 0.72

acre. This property is situated in a prime location for

commercial users offering quick access to I-79, Exit 137,

gated parking, 180 feet of road frontage and office

space. This property is fully leased by Mountaineer

Packaging LLC. The property is located in a developing

area of Marion County just 0.7 mile off I-79, Exit 137.

The building is located on a corner along Morgantown

Avenue and May Street. This location provides a number

of commercial service oriented and light industrial uses.

SALE PRICE / $599,000

BUILDING SIZE / 28,805 SQ FT

LOT SIZE / 0.72 ACRE

ZONING / NEIGHBORHOOD MIXED USE

PROPERTY FEATURES / TWO (2) LOADING DOCKS, SIX (6)

OVERHEAD DOORS, ELEVATOR, OFFICE SPACE, 18’ CEILING

HEIGHT, OFF-STREET PARKING, GATED STORAGE


236 ELM DRIVE

WAYNESBURG, PA 15370

OFFICE / RETAIL BUILDING

VIEW FULL MARKETING FLYER

https://www.yumpu.com/en/document/read/66808495/236-elm-drivemarketing-flyer

Black Diamond Realty is pleased to present to qualified

buyers, 236 Elm Drive which includes a single-story office

building on 1.3 acres. The building is comprised of 9,744

(+/-) square feet and divided into five office suites which are

currently 100% leased. The property offers roughly 85 off

street parking spaces via paved lot. The property fronts Elm

Drive which can be accessed by turning south off of E Roy

Furman Highway (Route 21) onto Elm Drive or South off of

E Roy Furman Highway on to Miller Lane to Elm Drive. The

property is situated less than 0.5 mile from I-79, Exit 14 and

is within 1 mile of many major retail, dining and hospitality

facilities. Downtown Waynesburg is located only 2.5 miles

west of the subject location.

SALE PRICE / PENDING APPRAISAL

GROSS BUILDING SIZE / 9,744 (+/-) SQ FT

LOT SIZE / 1.3 (+/-) ACRE

CITY LIMITS / OUTSIDE

PROPERTY FEATURES /LARGE PARKING LOT, LOCATED CLOSE

TO MAJOR THOROUGHFARE, SIGNAGE, WITHIN WALKING

DISTANCE TO MANY AMENITIES


CONTACT

BLACK DIAMOND REALTY LLC

1399 Stewartstown Road, Suite 150

Morgantown, WV 26505

P. 304.413.4350 F. 304.599.3285

BlackDiamondRealty.net

Mark J. Nesselroad, Broker

mjnesselroad@blackdiamondrealty.net

David Lorenze, Principal

dlorenze@blackdiamondrealty.net

Jeff Stenger, Senior Associate

jstenger@blackdiamondrealty.net

Kim Licciardi, Senior Associate

klicciardi@blackdiamondrealty.net

Chris Waters, Associate

cwaters@blackdiamondrealty.net

Caleb Wooldridge, Associate

cwooldridge@blackdiamondrealty.net

Jeff Wise, Associate

jwise@blackdiamondrealty.net

Janelle Zeoli, Senior Designer/Marketing Coordinator

jzeoli@blackdiamondrealty.net

Andrea Cooper, Junior Designer/Office Manager

acooper@blackdiamondrealty.net

Elle Detcher, Junior Designer/Office Manager

edetcher@blackdiamondrealty.net

* All information is believed to be accurate but not guaranteed. More information is available upon request.

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