Martinsburg Multifamily Buyer
Sell Your Commercial Property In Martinsburg, WV
Own a commercial apartment building of five or more units in Martinsburg? We purchase multifamily properties around Downtown Martinsburg, Inwood, and the rest of Berkeley County, and we review every deal against a clear buy box.
- 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
Martinsburg Submarkets: Downtown Martinsburg · Inwood · Hedgesville · Falling Waters — Berkeley County, WV
Why Martinsburg
Why We Buy Multifamily In Martinsburg
Martinsburg had 18,904 residents and 7,963 occupied homes in ACS 2020-2024. Renters held 52.1% of those homes, against 24.0% across Berkeley County (Census B25003, Martinsburg; Berkeley County). Median household income in Martinsburg was $59,555 (Census B19013).
Owners who plan to sell commercial property in Martinsburg, WV hold a renter-heavy market with rents above the state median. This profile covers renters, HUD's FY2027 fair market rents, Berkeley County taxes and deposit rules. It also covers Downtown Martinsburg and nearby Inwood, Hedgesville and Falling Waters.
Martinsburg VA Medical Center
The Martinsburg VA Medical Center employs more than 2,200 people and treated 39,000 veterans in 2024.P&G Tabler Station plant
West Virginia's governor announced in 2018 that P&G would add 200 jobs at Tabler Station in Berkeley County.Long-distance commuters
In ACS 2020-2024, 5.5% of Martinsburg workers commuted 90 minutes or more, versus 3.5% statewide.Our Buy Box
What We Buy In Martinsburg
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
Martinsburg Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Martinsburg
Renters occupied 52.1% of Martinsburg's homes, 4,152 of 7,963, in ACS 2020-2024 (Census B25003). Martinsburg has 1,528 homes in buildings of five or more units, 18.1% of its housing (Census B25024). The median Martinsburg home was built in 1969, and 55.9% predate 1980 (Census B25034).
Rents and affordability in Martinsburg
Median gross rent in Martinsburg was $1,150 a month in ACS 2020-2024, versus $872 statewide (Census B25064, Martinsburg; West Virginia). Renters paying 30% or more of income on rent were 50.7% of Martinsburg renter households (Census B25070).
HUD's FY2027 two-bedroom fair market rent for the Martinsburg, WV HUD Metro FMR Area is $1,215 (HUD FMR documentation). Buyers set that benchmark against in-place rents when owners sell commercial property in Martinsburg, WV.
| Unit size | HUD FY2027 FMR, Martinsburg, WV HUD Metro FMR Area |
|---|---|
| Studio | $884 |
| One bedroom | $949 |
| Two bedrooms | $1,215 |
| Three bedrooms | $1,682 |
| Four bedrooms | $1,913 |
Property taxes in Berkeley County
Class IV real estate in Berkeley County's municipalities averaged $3.11 per $100 of assessed value in tax year 2025, per WV Tax Division levy totals. W.Va. Code 11-8-5 puts 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 Martinsburg building would be assessed at $1,200,000 and owe about $37,320 a year at that average. When owners sell commercial real estate in Martinsburg, WV, the deed carries a state transfer excise of $1.10 per $500 under W.Va. Code 11-22-2.
Landlord rules in Martinsburg
West Virginia landlords must return deposits within 60 days after a tenancy ends, or within 45 days after a new tenant occupies the unit (W.Va. Code 37-6A-1). Any deduction needs a written itemization sent with the balance (W.Va. Code 37-6A-2).
What it means for a Martinsburg owner
Half of Martinsburg's renters are cost-burdened, so owners who sell commercial property in Martinsburg, WV get firmer offers with clean rent rolls, deposit ledgers and current tax bills.
Skyline Capital Investments buys 5+ unit apartment buildings in Downtown Martinsburg and nearby Inwood, Hedgesville and Falling Waters. Before you sell your apartment building in Martinsburg, run the numbers in our cap rate calculator. Then see how we buy apartment buildings.
Before You Sell
Martinsburg Seller Checklist
More about selling in West Virginia →Investing in Martinsburg? See apartment syndications in Martinsburg →
- Renters hold 52.1% of Martinsburg homes, and 18.1% of its housing sits in 5+ unit buildings.
- Buyers model Berkeley County's $3.11 Class IV average when owners sell commercial real estate in Martinsburg, WV.
- Itemized deposit ledgers and current tax bills help when selling commercial property in Martinsburg.
Seller Guides
Martinsburg Seller Situations
Learn More
Taxes & Rules For Martinsburg Property
The West Virginia rules that shape any deal in Martinsburg: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Martinsburg Seller FAQ
How do I sell commercial property in Martinsburg, WV?
Owners list with a broker or sell direct. Buyers test your rent roll against the FY2027 HUD two-bedroom rent of $1,215 and Martinsburg's $1,150 median gross rent. Skyline Capital Investments buys 5+ unit apartment buildings in Martinsburg and nearby Inwood.
What are property taxes on an apartment building in Martinsburg?
Buildings inside Martinsburg are Class IV property, assessed at 60% of true and actual value. Berkeley County's municipal Class IV average was $3.11 per $100 of assessed value in tax year 2025. At that average, a $2,000,000 building owes about $37,320 a year.
What do buyers review when I sell commercial real estate in Martinsburg, WV?
Buyers look at age and affordability. The median Martinsburg home was built in 1969, and 55.9% predate 1980. Renters paying 30% or more of income on rent were 50.7% of Martinsburg renter households in ACS 2020-2024.
How fast must I return a tenant's deposit in Martinsburg?
West Virginia law sets 60 days after a tenancy ends, or 45 days after a new tenant occupies the unit. W.Va. Code 37-6A-2 also requires a written itemization of any deductions, so Martinsburg buyers ask for complete deposit files.
What transfer tax applies when I sell a building in Berkeley County?
W.Va. Code 11-22-2 sets a state excise of $1.10 per $500 of value, so a $2,000,000 deed carries $4,400. Gather that figure, your Berkeley County tax bills and leases before you sell multifamily property in Martinsburg.
Do I need to fix up my Martinsburg building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Do you work with Martinsburg brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Martinsburg, and we keep every conversation confidential.
Can I sell rental property in Martinsburg with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
What do I need to sell my apartment building in Martinsburg?
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.
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Have A Property In Martinsburg?
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