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William Moorhead Tower Sells for $20.5M in North Oakland

William Moorhead Tower, a 141-unit affordable senior building at 375 N Craig St in North Oakland, has sold for $20.5 million.

Signage for William S. Moorhead Tower, a Beacon Communities property at 375 N Craig St
Signage for William S. Moorhead Tower, a Beacon Communities property at 375 N Craig StImage via www.moorheadtowerbc.com

William Moorhead Tower, a 15-story affordable senior building at 375 N Craig St in North Oakland, has sold for $20,485,000.

William Moorhead Tower at 375 N Craig St, Pittsburgh
William Moorhead Tower at 375 N Craig St, PittsburghImage via www.moorheadtowerbc.com

The tower serves residents 62 and older, with utilities included. Amenities include a fitness center, laundry suites, wellness and supportive services.

Beacon Communities preserved the property as affordable housing and completed a renovation in April 2015, backed by a $1.25 million federal Low Income Housing Tax Credit award. The building is listed in HUD and LIHTC records as a 141-unit affordable property.

Address
375 N Craig St, Pittsburgh, PA 15213
Units
141
Floors
15

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