On the Market: 5 Interesting CRE Listings for the Week of 7/25
This week's listings include a unique two-unit property in West Hollywood that was featured on a hit TV show and a converted schoolhouse in Pittsburgh.
On the Market is a weekly department curating the most interesting recent for-sale CRE assets. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Mallory Bulman, Associate Editor.
The Catalyst Lofts
Location:Â Pittsburgh, Penn.
Offering Price: $5.1 million
Price/Unit:Â $231,818.18
Units:Â 22
Building Size: 20,098 SF
Features:Â Located in Lawrenceville neighborhood; converted schoolhouse; contains 20 loft-style units and two office suites; community amenities include elevator access, an exercise room, a communal lounge, building security and 29 free parking spaces; located within walking distance of shops, restaurants, banks, entertainment and public transportation; located 3 miles from CBD.
Contact:Â Cynthia Kamin, CBRE, 412-471-9500
2550 N. Maroa
Location:Â Fresno, Calif.
Offering Price: $1.8 million
Price/Unit:Â $62,068.97
Units:Â 29
Year Built:Â 1960
Features:Â Centrally located; stable tenant mix; opportunity for value-add renovations; located in close proximity to airport, Fresno City College, shopping and transportation.
Contact: Rexsi Real Estate, 415-683-7399
Village Fair Apartment Homes
Location:Â Bremerton, Wash.
Offering Price: $13.5 million
Price/Unit:Â $112,500
Units:Â 120
Building Size:Â 103,998 SF
Features: Unit mix consists of one-, two- and three-bedroom floor plans; all units have fireplaces, decks or patios and views of wooded areas or a landscaped courtyard; 35 percent of units have been renovated.
Contact:Â Greg Frick, HFO Investment Real Estate, 971-717-6332
Paseo Del Prado
Location:Â Henderson, Nev.
Offering Price: $7.3 million
Price/Unit:Â $61,635.50
Units:Â 120
Year Built:Â 1996
Features: Occupancy currently at 93.3 percent; three different unit floor plans; community amenities include a pool, laundry facility, covered parking, playground and high-speed internet access; walking distance from schools; located in close proximity to freeways, shopping and Lake Mead Recreational Park.
Contact:Â E. Thomas Naseef, Colliers International, 702-836-3720
Westbourne Beauty
Location:Â West Hollywood, Calif.
Offering Price: $2.9 million
Price/Unit:Â $1,475,000
Units:Â 2
Lot Size: 5,846 SF
Features: Property was featured on TV show Million Dollar Listing; both units have two bedrooms; amenities include a secluded courtyard, security gate, outdoor lounge with a built-in hot tub; location allows for unusually high rents; located within walking distance of Pacific Design Center, the Sunset Strip and the Norma Triangle.
Contact:Â Ryan Cinelli, BRC Advisors, 310-895-7170
