Apartment Acquisitions · Fairmont
Sell Your Commercial Property In Fairmont, WV
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Fairmont and across Marion County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Downtown Fairmont · White Hall · Pleasant Valley · Kingmont — Marion County, WV
Local Demand
Our View On Fairmont
Fairmont had 18,221 residents and 8,017 occupied homes in ACS 2020-2024. Renters held 36.9% of those homes, against 23.3% across Marion County (Census B25003, Fairmont; Marion County). Median household income in Fairmont was $63,032, above West Virginia's $59,608 (Census B19013).
Owners who plan to sell commercial property in Fairmont, WV hold an older stock, since 83.0% of Fairmont homes predate 1980. This profile covers renters, HUD's FY2027 fair market rents, Marion County taxes and the rental rules buyers review.
Fairmont State University
Fairmont State reported fall 2025 headcount up 4%, with new first-year students up 11%.NASA IV&V Facility
NASA tied most of its 2019 West Virginia impact, 728 jobs, to Fairmont's IV&V Facility.WVU Medicine Fairmont
WVU Medicine plans to raise Fairmont Medical Center's inpatient beds to 80, plus 30 skilled nursing beds.Our Buy Box
What We Buy In Fairmont
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Fairmont Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Fairmont
Renters occupied 2,955 of Fairmont's 8,017 homes, or 36.9%, in ACS 2020-2024 (Census B25003). Fairmont has 983 homes in buildings of five or more units, 10.9% of its housing, versus 7.8% statewide (Census B25024, Fairmont; West Virginia). The median Fairmont home was built in 1951, and 83.0% predate 1980 (Census B25034).
Rents and affordability in Fairmont
Median gross rent in Fairmont was $916 a month in ACS 2020-2024, above West Virginia's $872 (Census B25064, Fairmont; West Virginia). Fairmont's rental vacancy rate was 9.7% (Census DP04). Renters paying 30% or more of income on rent made up 39.9% of Fairmont renter households (Census B25070).
HUD's FY2027 two-bedroom fair market rent for Marion County, WV is $1,071 (HUD FMR documentation). Buyers compare that benchmark with in-place rents when owners sell commercial property in Fairmont, WV.
| Unit size | HUD FY2027 FMR, Marion County, WV |
|---|---|
| Studio | $782 |
| One bedroom | $880 |
| Two bedrooms | $1,071 |
| Three bedrooms | $1,331 |
| Four bedrooms | $1,790 |
Property taxes in Marion County
Class IV real estate in Marion County's municipalities averaged $2.86 per $100 of assessed value in tax year 2025, from WV Tax Division levy totals. W.Va. Code 11-8-5 places property inside a municipality in Class IV. W.Va. Code 11-3-1 assesses it at 60% of true and actual value.
A $2,000,000 Fairmont building would be assessed at $1,200,000 and owe about $34,373 a year at that average. When owners sell commercial real estate in Fairmont, WV, the deed carries a state transfer excise of $1.10 per $500 under W.Va. Code 11-22-2.
Landlord rules in Fairmont
West Virginia landlords must return deposits within 60 days after a tenancy ends, or 45 days after a new tenant moves in if sooner (W.Va. Code 37-6A-1). Deductions require a written itemization (W.Va. Code 37-6A-2).
Fairmont requires rental units to be inspected before they are rented and every three years after, under its rental housing ordinance. Registration costs $5 per unit, capped at $100 per complex. Inspections cost $30 per unit in 5-14 unit buildings and $20 per unit at 15 or more.
What it means for a Fairmont owner
Buyers underwrite pre-1980 stock here, so owners who sell commercial property in Fairmont, WV get firmer offers with current rent rolls, inspection records and tax bills.
Skyline Capital Investments buys 5+ unit apartment buildings in Downtown Fairmont and nearby White Hall, Pleasant Valley and Kingmont. Before you sell your apartment building in Fairmont, try our cap rate calculator. Then see how we buy apartment buildings.
Before You Sell
What Shapes A Fairmont Offer
More about selling in West Virginia →Investing in Fairmont? See apartment syndications in Fairmont →
- Renters hold 36.9% of Fairmont homes, and 10.9% of its housing sits in 5+ unit buildings.
- Buyers model Marion County's $2.86 Class IV average when owners sell commercial real estate in Fairmont, WV.
- Current inspection records and itemized deposit ledgers help when selling commercial property in Fairmont.
Seller Guides
Selling A Building In Fairmont
Learn More
Taxes & Rules For Fairmont Property
The West Virginia rules that shape any deal in Fairmont: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Fairmont Seller FAQ
How do I sell commercial property in Fairmont, WV?
Owners list with a broker or sell direct. Expect buyers to test your rent roll against Marion County's FY2027 HUD two-bedroom rent of $1,071 and Fairmont's 9.7% rental vacancy. Skyline Capital Investments buys 5+ unit apartment buildings in Fairmont.
What are property taxes on an apartment building in Fairmont?
Apartment buildings inside Fairmont are Class IV property, assessed at 60% of market value. Marion County's municipal Class IV average was $2.86 per $100 of assessed value in tax year 2025. At that average, a $2,000,000 building owes about $34,373 a year.
What do buyers review when I sell commercial real estate in Fairmont, WV?
Fairmont's median home was built in 1951, and median gross rent was $916 in ACS 2020-2024. Renters paying 30% or more of income on rent were 39.9% of households, so buyers test rent growth carefully.
Does Fairmont require rental inspections?
Yes. The City of Fairmont requires rental units to be inspected before they are rented and every three years after. Registration is $5 per unit, capped at $100 per complex. Inspections cost $30 per unit in 5-14 unit buildings and $20 per unit at 15 or more units.
What transfer tax applies when I sell a building in Marion County?
W.Va. Code 11-22-2 sets a state excise of $1.10 per $500, so a $2,000,000 deed carries $4,400. Fairmont buyers also review deposit files, since W.Va. Code 37-6A-2 requires itemized deductions. Gather both before you sell multifamily property in Fairmont.
What if my Fairmont building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Marion County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Who buys occupied rental property in Fairmont?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in Fairmont?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Tell Us About Your Property In Fairmont
A few details are enough to start. We respond to every Fairmont submission, including off-market and pocket listings.
