50-Unit Apartment Complex in Morgantown

50-Unit Apartment Complex in Morgantown

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

Live and Online Bidding

Call: Debra Flanigan

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
Two-story building with three apartment units and a laundry/office area.

1447 VanVoorhis Road
Two-story, eight-unit building (four 1-bedroom, four 2-bedroom). Constructed in the 1960s. Currently in  in need of significant renovation.

1448 VanVoorhis Road (Three Buildings)
36 apartments (28 one-bedroom, 8 two-bedroom). Two basement levels contain former commercial spaces.


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

 

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.

 

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

(888) 875-1599

5546 Benedum Drive Shinnston West Virginia 26431

www.joerpyleauctions.com

 

Joe R Pyle WV212

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Taylor Ramsey WV2352

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Thomas Heldreth WV2520A

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