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Steel17 Portfolio

13 Properties Offered at £1,019,733 in Multiple Locations

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Investment Highlights

12.61% CAP / $163,968 NOI
92% OCCUPIED
PITTSBURGH

$230,700 Pro-forma GAI
17 UNITS
VALUE ADD OPPORTUNITY

Executive Summary

Comprising 17 units at 13 individual parceled properties sprinkled across 6 separate locations. Including 9 row homes, 2 duplexes, 1 triplex, and 1 single family home - the grouping boasts solid rental history and offers range. The diverse portolio of Pittsburgh properties are mostly in the Northside areas with one in Etna/Shaler area. These are bridges between Pittsburgh's first class tech, education, and health care making our city a historically stable real estate market and dynamic hub. VALUE-ADD, there is tremendous upside to improve buildings and watching the robust increases in equity. Seasoned investors or newcomers alike will admire this exceptional opportunity for both growth and passive earnings.

Steel 17 Portfolio Memorandum Final

Taxes & Operating Expenses (Actual - 2023)	Annual
Gross Rental Income	£111,025
Other Income	-
Vacancy Loss	-
Effective Gross Income	£111,025
Net Operating Income	-

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income
Annual	£111,025

Other Income
Annual	-

Vacancy Loss
Annual	-

Effective Gross Income
Annual	£111,025

Net Operating Income
Annual	-

Property Facts

Price	£1,019,733	Status	Active
Price / SF	£113.30 / SF	Number of Properties	12
Sale Conditions	1031 Exchange Portfolio Sale Deferred Maintenance Development Sale	Individually For Sale	0
Net Initial Yield	12.61%	Total Building Size	9,000 SF
Sale Type	Investment or Owner User	Total Land Area	0.13 AC

Price	£1,019,733
Price / SF	£113.30 / SF
Sale Conditions	1031 Exchange Portfolio Sale Deferred Maintenance Development Sale
Net Initial Yield	12.61%
Sale Type	Investment or Owner User
Status	Active
Number of Properties	12
Individually For Sale	0
Total Building Size	9,000 SF
Total Land Area	0.13 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
1269 Woodland Ave, Pittsburgh, PA 15212	Land	0.03 AC	-	-
183 Washington St, Etna, PA 15223	Residential	-	1935	-
5 Davis Row, Pittsburgh, PA 15212	Residential	900 SF	1900	-
6 Davis Row, Pittsburgh, PA 15212	Residential	900 SF	1900	-
4 Davis Row, Pittsburgh, PA 15212	Residential	900 SF	1900	-
3133 Shadeland Ave, Pittsburgh, PA 15212	Residential	900 SF	1900	-
7 Davis Row, Pittsburgh, PA 15212	Residential	900 SF	1900	-
8 Davis Row, Pittsburgh, PA 15212	Residential	900 SF	1900	-
938 Clive St, Pittsburgh, PA 15202	Residential	900 SF	1919	-
942 Clive St, Pittsburgh, PA 15202	Residential	900 SF	1919	-
944 Clive St, Pittsburgh, PA 15202	Residential	900 SF	1919	-
3551 California Ave, Pittsburgh, PA 15212	Residential	900 SF	1910	-
	Residential	900 SF	1900	-

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