5031 W Pea Ridge Rd

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5031 W Pea Ridge Rd

Huntington, WV 25705
Asking Price
$620K
Asset Type
Multifamily
Class
Class B

What's Special

5031 West Pea Ridge Road is situated in the eastern portion of Huntington, West Virginia, within a primary residential and commercial corridor. The neighborhood is characterized by a mix of established housing and local businesses, offering proximity to the Huntington Mall complex and various retail centers along Route 60. The property provides direct access to Interstate 64, facilitating commutes across the Tri-State area and connection to downtown Huntington. Public transit stops and essential services, including grocery stores and medical facilities, are located within a short drive of the site. The location is suited for multifamily development or long-term rental operations targeting a diverse tenant base. Given its proximity to major transportation arteries and regional employers, the asset is positioned to serve working professionals, small households, and commuters seeking access to both Huntington and Charleston. The surrounding residential character also supports use cases for those prioritizing suburban accessibility over an urban core. The site’s positioning within the Pea Ridge area aligns with typical demand for stable, mid-range housing options serving the local workforce and regional service industry.

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NOI
$80,000
Cap Rate
12.91%
DSCR
2.17
Strong
Cash-on-Cash
23.23%
Monthly Payment
$3,066.927
Annual Cash Flow
$43,196.876

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