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.

pittsThe Catalyst Lofts

Location: Pittsburgh, Penn.

Offering Price: $5.1 million

Price/Unit: $231,818.18

Units: 22

Building Size: 20,098 SF

Features: 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: Cynthia Kamin, CBRE, 412-471-9500

fresno2550 N. Maroa

Location: Fresno, Calif.

Offering Price: $1.8 million

Price/Unit: $62,068.97

Units: 29

Year Built: 1960

Features: 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

washingtonVillage Fair Apartment Homes

Location: Bremerton, Wash.

Offering Price: $13.5 million

Price/Unit: $112,500

Units: 120

Building Size: 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: Greg Frick, HFO Investment Real Estate, 971-717-6332

paseoPaseo Del Prado

Location: Henderson, Nev.

Offering Price: $7.3 million

Price/Unit: $61,635.50

Units: 120

Year Built: 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: E. Thomas Naseef, Colliers International, 702-836-3720

westWestbourne Beauty

Location: West Hollywood, Calif.

Offering Price: $2.9 million

Price/Unit: $1,475,000

Units: 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: Ryan Cinelli, BRC Advisors, 310-895-7170


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