50-Unit Apartment Complex in Morgantown
Listing ID#: 822948
| Sale Location |
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1443, 1445, 1447 & 1448 VanVoorhis Road Morgantown, WV 26505 |
| Sale Dates and Times |
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Thursday Nov 20, 2:30 pm |
| Sale Type |
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Live with Online Auction
VIEW ONLINE CATALOG |
| Company Information |
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Joe R. Pyle Complete Auction & Realty Service Contact: Alan Heldreth Phone: 3045926000 Email: info@joerpyleauctions.com Website: www.joerpyleauctions.com EstateSale.com ID#: 5968 View company information and listings |
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| Listing Terms and Conditions |
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Terms of Sale This sale shall proceed first by the below listed Successor Trustee concerning the sale and reading this Notice of Sale, and Joe R. Pyle Complete Auction and Realty Service will assist in the sale as auctioneer. Bidding shall then commence in person and online at the following online auction site: www.joerpyleauctions.com, bidding will continue until no further bids are entered. The winning bidder will be required to post a non-refundable 10% deposit immediately following the announcement of the winning bid, and the winning bidder must close within 30 days of said date. A ten percent (10%) buyer's premium (the "Buyer's Premium") will be due from the successful highest and best bidder at the foreclosure sale which said amount will be due from the high bidder in addition to the bid amount accepted by the Successor Trustee. The winning bidder will submit for deposit in the trust account of the Successor Trustee a full deposit of ten percent (10%) of the total selling price (high bid plus 10% Buyer's Premium) within one (1) business day of the announcement of the winning bid. This deposit will be credited at closing or immediately forfeited to the Beneficiary upon default of the winning bidder by failure to close the sale. The failure of any high bidder to pay the purchase price plus 10% Buyer's Premium and close this sale shall, at the option of Lender, be cause for rejection of the bid, and if the bid is rejected, Lender shall have the option of directing the Successor Trustee to sell the Property to the next highest bidder who is able, capable, and willing to comply with the terms thereof. The proceeds derived from the sale of the Property will be applied as provided for in said Deed of Trust and are made a part hereof as if set forth verbatim herein. The Beneficiary shall have a right to bid at the sale. The sale shall be subject to the following: a. any unpaid taxes against the Property; b. any recorded easements, conditions, covenants, rights-of-way or subdivision plats affecting the property; c. any dedication of roads affecting the property and any governmental zoning and subdivision ordinances or regulations in effect; and d. any prior or superior liens, judgment, deeds of trust or other interests of record, together with any and all fees, per diem, and interest associated therewith, including but not limited to that certain Deed of Trust from Woodline Properties LLC, a West Virginia limited liability company, to Jennifer A. Davis, as Trustee, dated November 1, 2022, recorded in the office of the Clerk of the County Commission of Monongalia County, West Virginia, in Trust Deed Book 2543, at page 343. The above-described real estate will be conveyed by the undersigned Successor Trustee by deed without warranty of any kind, express or implied, and the purchaser shall be responsible for all transfer stamps, recording fees, and other closing costs. All announcements at the sale on the date of the sale will take priority over this notice. Additional announcements, terms, and conditions may also be posted on the online auction site. |
| Listing Information |
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Secured Party Real Estate Auction
Thursday, November 20th at 2:30PM
Registration begins at 2:00PM
AUCTION HELD AT THE MONONGALIA COUNTY COURTHOUSE
Property Address:
1443, 1445, 1447 & 1448 VanVoorhis Road
Morgantown, WV 26505
Woodline Apartments – 50 Unit Complex
Welcome to the Woodline Apartments — a rare multi-building investment opportunity located along VanVoorhis Road in the thriving Morgantown market. Situated just minutes from West Virginia University, local hospitals, shopping, and major commuter routes, this established apartment complex offers 50 total units across five detached buildings on nearly two acres of land. With strong rental demand, convenient access, and multiple avenues for value enhancement, Woodline Apartments presents a solid foundation for both seasoned investors and those seeking to expand their portfolio in one of North-Central West Virginia’s most active rental markets.
Property Details
· Zoning: C1 – Commercial (West Run Planning District)
· Total Land Area: Approximately 1.97 acres (subject to survey)
· Total Building Area: ±30,270 sq. ft. above grade, plus additional basement areas
· Buildings: 5 detached apartment buildings
· Total Units: 50 apartments (37 one-bedroom, 13 two-bedroom units)
Building Descriptions
1443–1445 VanVoorhis Road
1447 VanVoorhis Road
1448 VanVoorhis Road (Three Buildings)
Site Features
· Dual access from VanVoorhis Road and West Run Road
· Public water and sewer
· Ample on-site parking
· Convenient proximity to employment, retail, and educational centers
Highlights
· Multi-building complex in a high-demand rental corridor
· Excellent access and visibility from VanVoorhis Road
· Mix of one- and two-bedroom units
· Opportunity to add value through renovation and repositioning
Woodline Apartments offers a combination of existing cash flow and future growth potential in an established, well-located setting. With 50 total units, strong area demographics, and proximity to major employers and WVU, this property is ideal for investors seeking long-term stability and value appreciation.
District 18, Map 21, Parcel 1.5
District 18, Map 12, Parcel 50
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
www.joerpyleauctions.com
Charlotte Pyle WV2174
Alan Heldreth WV2224
Jordan Kiger WV2246
Bob Stewart, Jr WV825
Bob Stewart, III WV1292
Todd Short WV1649
Tia Wolski WV2351
Taylor Ramsey WV2352
Nick Dawkins WV2410
Bud Shingleton WV1956
Colton McCown WV2463
Thomas Heldreth WV2520A
John Powell WV2481A
Taylor Self WV2521A
Kevin Zakariasen WV2482A
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