2626 South Side Flats

Rental Housing | Pittsburgh, PA

Premier 264-unit residential community with 11,440 sq. ft. of commercial retail located in the heart of SouthSide Works, one of the most highly-desirable neighborhoods in Pittsburgh, PA.

Investment Details

Property Type
Rental Housing
Location(s)
Pittsburgh, PA
Number of Units/Homes
264

Transaction Details

Acquired
2022
Purchase Price
$90 million
Ownership %
100%

Investment Details

Property Type
Rental Housing
Location(s)
Pittsburgh, PA
Number of Units
264

Transaction Details

Acquired
2022
Purchase Price
$90 million
Ownership %
100%

Premier 264-unit residential community with 11,440 sq. ft. of commercial retail located in the heart of SouthSide Works, one of the most highly-desirable neighborhoods in Pittsburgh, PA.

Asset Highlights

Keys
The property has high occupancy in a highly populated submarket that offers young professionals a live, work, and play environment.
Multifamily
Community amenities include a clubroom and courtyard with lounging area, indoor/outdoor swimming pool and spa, zen garden with adjacent movie theater, fitness center, and tenant parking garage with bike racks.
Bedrooms
The property offers an array of studio, one-, two- and three-bedroom apartments with top-of-the-line features and riverfront views.

Location Highlights

Highway
Proximity to local public transportation and just a short drive to the Penn Lincoln Parkway and downtown Pittsburgh, including Heinz Field and PNC Park
Proximity
Uniquely positioned on the Monongahela riverfront with direct access to parks, historic architecture and a variety of food, shopping, and entertainment
people
Area has experienced tremendous growth in a variety of industries, which are supported by universities, including Carnegie Mellon and University of Pittsburgh
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2626 South Side Flats Assets map
2626 South Side Flats Assets map