2947 Crickmer Road

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2947 Crickmer Road

Danese, WV 25831
Asking Price
$179K
Asset Type
Multifamily
Class
Class B

What's Special

2947 Crickmer Road is located in Danese, West Virginia, a rural community within Fayette County. The surrounding neighborhood is characterized by expansive rolling hills, dense woodlands, and low-density residential development. Situated along State Route 41, the property offers direct access to regional routes connecting to the New River Gorge National Park and Preserve. Local amenities include basic retail services and convenience hubs in nearby Meadow Bridge, while larger commercial centers and healthcare facilities are accessible within a 30-minute drive. This multifamily asset is suited for long-term residential leasing or workforce housing. The location particularly serves a tenant profile seeking proximity to outdoor recreation industries or local agricultural and timber operations. Given the natural surroundings, the property may also accommodate transitional housing for staff supporting regional conservation efforts or regional infrastructure projects. The quiet, secluded setting provides a stable environment for tenants who prioritize affordability and access to the region's natural landscapes.

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NOI
$80,000
Cap Rate
44.69%
DSCR
7.53
Strong
Cash-on-Cash
129.19%
Monthly Payment
$885.594
Annual Cash Flow
$69,372.868

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