Apartment Acquisitions · Huntington
Sell Your Commercial Property In Huntington, WV
We are an active buyer of Huntington commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- 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
Huntington Submarkets: Southside · Westmoreland · Barboursville · Ashland, KY — Cabell County, WV
The Huntington Market
What Drives Rentals In Huntington
Huntington is a Marshall University and hospital market where apartment property still trades below West Virginia price norms. The Census Bureau's 2020-2024 American Community Survey counted 45,787 residents and 9,233 renter households, 46.7% of occupied homes. Rental vacancy was 7.1%, and 4,945 homes sit in buildings of five or more units.
Owners who want to sell commercial property in Huntington, WV will find buyers testing three numbers first. HUD's FY2027 two-bedroom fair market rent is $1,006, and median gross rent is $912. Class IV property in Cabell County averaged $3.38 per $100 of assessed value in tax year 2025.
Marshall University reported 13,239 students in fall 2025, and Cabell Huntington Hospital lists 303 beds. Median home value in Huntington was $127,200, against $162,600 statewide. Each figure below links to the Census Bureau, HUD, the West Virginia Legislature, the WV Tax Division, the City of Huntington or the institution that published it.
Marshall University
Marshall's Office of Institutional Research and Planning reports 13,239 students in fall 2025. That includes 9,975 undergraduates and 3,264 graduate students, with 512 full-time instructional faculty.Marshall Health Network hospitals
Marshall Health Network lists Cabell Huntington Hospital as a 303-bed teaching hospital for Marshall's medicine, pharmacy and nursing schools, and St. Mary's Medical Center as a 413-bed teaching hospital.Low acquisition prices
ACS 2020-2024 puts Huntington's median home value at $127,200, which is 21.8% below West Virginia's $162,600 and 2.8 times the city's $45,100 median household income.Our Buy Box
What We Buy In Huntington
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
Huntington Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Huntington
Renters occupy 46.7% of Huntington's 19,753 occupied homes, or 9,233 households, in ACS 2020-2024 table B25003. Cabell County's renter share is 35.8%, and West Virginia's is 25.1%. Huntington alone holds 65.6% of Cabell County's 14,085 renter households.
Marshall University drives much of that demand. Marshall's Office of Institutional Research and Planning reports a fall 2025 headcount of 13,239 students. That total splits into 9,975 undergraduates and 3,264 graduate students.
Hospital staff form a second renter pool that does not empty out in summer. Marshall Health Network lists Cabell Huntington Hospital as a 303-bed teaching hospital for Marshall's schools of medicine, pharmacy and nursing. The same network lists St. Mary's Medical Center as a 413-bed teaching hospital.
Rents and affordability in Huntington
Median gross rent in Huntington was $912 a month in ACS 2020-2024. Median household income was $45,100 over the same period. Twelve months of median rent, $10,944, equals 24.3% of that income.
Cost pressure on tenants is still high. In Huntington, 55.5% of renter households spend 30% or more of income on housing, per table B25070. A further subset, 33.8%, spends half or more, against 20.3% statewide.
HUD's FY2027 fair market rents for the Huntington-Ashland, WV-KY-OH HUD Metro FMR Area took effect October 1, 2026. These are HUD's monthly benchmarks by unit size.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $858 |
| 1 bedroom | $864 |
| 2 bedroom | $1,006 |
| 3 bedroom | $1,287 |
| 4 bedroom | $1,393 |
Source: HUD FMR documentation. The $1,006 two-bedroom benchmark runs $94 above Huntington's median gross rent, which mixes all unit sizes.
Huntington's apartment stock
Huntington has 4,945 homes in buildings of five or more units, 20.7% of its 23,878 housing units, per table B25024. Cabell County's share is 16.2%, and the statewide share is 7.8%. Two of every three such homes in Cabell County, 66.3% of 7,462, are in Huntington.
Mid-size and large buildings carry most of that count. Huntington has 1,485 homes in 5-9 unit buildings and 1,604 in 10-19 unit buildings. A further 629 are in 20-49 unit buildings, and 1,227 are in buildings of 50 or more.
Huntington's median year built is 1955, and 82.5% of its homes went up before 1980, per table B25034. Just 30 homes date from 2020 or later. Capital plans for roofs, boilers and wiring weigh heavily in pricing here.
Entry prices sit well below the state level. Median owner-occupied home value in Huntington was $127,200 in ACS 2020-2024. West Virginia's median was $162,600, so Huntington runs 21.8% lower. Anyone looking to sell commercial real estate in Huntington, WV meets buyers who underwrite from that lower value base.
Rental vacancy in Huntington was 7.1% over 2020-2024, per profile table DP04. Cabell County's rate was 6.2%, and the statewide rate was 6.7%.
Property taxes in Cabell County
Apartment buildings inside Huntington are taxed as Class IV property. WV Code 11-8-5 puts all real and personal property inside municipalities in Class IV, apart from Classes I and II. WV Code 11-8-6 caps regular Class IV levies at $2 per $100 of assessed value.
WV Code 11-3-1 sets assessment each July 1 at 60% of true and actual value. The West Virginia Tax Division notes that voters can approve excess and bond levies above the regular maximums.
Class IV real estate in Cabell County carried $22,915,473 in taxes on $677,295,110 of assessed value in tax year 2025. That is an average of $3.38 per $100, from the WV Tax Division's 2025 valuations report. Class III real estate outside municipalities averaged $2.74.
Here is the worked example. A $2,000,000 building is assessed at $1,200,000. At the $3.38 Class IV average, the yearly bill comes to about $40,560, an effective 2.03% of market value. The $2 regular cap alone would produce $24,000.
Huntington's own levy can differ from that countywide average. The 2020 Census counted 43,071 Huntington residents in Cabell County and 3,771 in Wayne County, where Wayne County levies apply.
Value appeals go to the Cabell County Commission sitting as the board of equalization and review. WV Code 11-3-24 has the board meet by February 1 and adjourn by the last day of February.
A deed also triggers the WV Code 11-22-2 transfer excise. The state rate is $1.10 per $500 of value, or $4,400 on a $2,000,000 sale. A county excise of 55 cents to $1.65 per $500 is added, and the grantor pays unless the grantee accepts the deed unpaid. Owners who sell commercial property in Huntington, WV should set that split in the purchase contract.
Landlord rules in Huntington and West Virginia
Huntington requires owners to register rental units under a 2018 ordinance, per the city's rental property inspections page. Inspectors check electrical safety, heating, smoke alarms and handrails. Buildings with more than two units are inspected by building, electric and plumbing inspectors and the Fire Marshal.
The city's 2025 Rental Registry Packet lists a $0 registry fee and a $20 business license. Re-inspections cost $50 per unit, then $100 per unit. Article 1737.05 sets fines of $200 to $500 per offense for failing to register.
WV Code 37-6A-2 requires a landlord to return the deposit, less itemized deductions, within the notice period. WV Code 37-6A-1 sets that period at 60 days after the tenancy ends, or 45 days after a new tenant moves in, whichever comes first.
A periodic tenancy shorter than a year ends on notice of one full period under WV Code 37-6-5. To recover possession, WV Code 55-3A-1 lets an owner petition the court, with a hearing 5 to 10 judicial days after filing. Owners selling commercial property in Huntington should keep registry letters and deposit ledgers ready for buyers.
What this means for a Huntington owner
Demand in Huntington rests on 13,239 Marshall students, 716 beds across two teaching hospitals and a 46.7% renter share. Against that, buyers will set 7.1% rental vacancy, a 1955 median year built and home values 21.8% under the state median.
Property tax is the expense line that moves offers most. A Class IV bill near $40,560 on a $2,000,000 building takes a real bite out of net operating income. Test your numbers in our cap rate calculator before you sell your apartment building in Huntington.
To sell commercial property in Huntington, WV without listing it, start with our seller page, which shows how we underwrite. Skyline Capital Investments buys 5+ unit apartment buildings in Southside, Westmoreland, Barboursville and Ashland, KY.
Seller Notes
Pricing Your Building In Huntington
More about selling in West Virginia →Investing in Huntington? See apartment syndications in Huntington →
- ACS figures are 2020-2024 five-year estimates for Huntington city, Cabell County and West Virginia, from Census tables B25003, B25024, B25034, B25064, B25070, B25077 and DP04.
- The $40,560 tax example uses a 60% assessment and the 2025 Cabell County Class IV average of $3.38 per $100. That average comes from WV Tax Division totals.
- Owners who sell commercial real estate in Huntington, WV owe a $4,400 state transfer excise on a $2,000,000 deed. County excise adds 55 cents to $1.65 per $500.
- HUD fair market rents cover the Huntington-Ashland, WV-KY-OH HUD Metro FMR Area from October 1, 2026. They are program benchmarks, not asking rents.
Seller Guides
Selling A Building In Huntington
Learn More
Taxes & Rules For Huntington Property
The West Virginia rules that shape any deal in Huntington: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Huntington Seller FAQ
How do I sell commercial property in Huntington, WV?
Most owners either list with a broker or sell directly to a buyer of 5+ unit buildings. Buyers compare rent rolls with HUD's FY2027 two-bedroom fair market rent of $1,006 and the 7.1% rental vacancy rate. They also ask for City of Huntington rental registry records and inspection results. Skyline Capital Investments buys 5+ unit apartment buildings in Huntington, Barboursville and Ashland, KY.
What property tax rate applies to an apartment building in Huntington?
WV Code 11-8-5 puts property inside a municipality in Class IV. WV Code 11-3-1 assesses it at 60% of true and actual value each July 1. Class IV real estate in Cabell County averaged $3.38 per $100 in tax year 2025, from WV Tax Division totals. On a $2,000,000 building, that means $1,200,000 assessed and about $40,560 a year.
Do I have to register rental units with the City of Huntington?
Yes. The City of Huntington says a 2018 ordinance requires owners to register rental units, and inspections follow registration or a tenant complaint. Its 2025 Rental Registry Packet lists a $0 registry fee, a $20 business license and re-inspection fees of $50 and then $100 per unit. Article 1737.05 sets fines of $200 to $500 per offense for failing to register.
How long do I have to return a security deposit in West Virginia?
WV Code 37-6A-2 requires the deposit, minus any deductions, to go back to the tenant within the notice period with a written itemization. WV Code 37-6A-1 defines that period as 60 days after the tenancy ends, or 45 days after a new tenant moves in, whichever is shorter. If a third-party contractor is needed for repairs, the landlord gets 15 more days to itemize after giving written notice.
Who pays transfer tax when I sell commercial real estate in Huntington, WV?
WV Code 11-22-2 places the excise on the grantor unless the grantee accepts the deed without the tax paid. The state rate is $1.10 per $500 of value, which comes to $4,400 on a $2,000,000 sale. A county excise of 55 cents to $1.65 per $500 is added, and only one state and one county tax are paid on any deed.
What do buyers look at before I sell multifamily property in Huntington?
Expect questions on age, taxes and vacancy. Huntington's median year built is 1955, and 82.5% of homes predate 1980, so buyers price roofs and building systems closely. They will model the Cabell County Class IV average of $3.38 per $100 and 7.1% rental vacancy. Registry and inspection records are among the first files requested when selling commercial property in Huntington.
Do I need to fix up my Huntington building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Can I sell my Huntington apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Who buys occupied rental property in Huntington?
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.
Do I need a broker to sell my apartment building in Huntington?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
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Selling A Building In Huntington?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
