9.57% Cap Rate. 100% Occupied Fully Renovated in 2013. Ave Rents = $492/mo. Weyant Ave Apartments 12 units (10-2 BR units; 1-3 BR unit; 1-1 BR unit) in 2 buildings. Brick exterior, new windows, doors, kitchens, bathrooms, appliances, flooring, fixtures, Heat/AC units & water heaters. Seller receives Sec 8 rent via wire transfer at the start of each month. Solid investment. 22.74% total ROE with 25% down.
10.38% Cap Rate. 96% occupied. Ave Rents = $543/mo. 25 units. Belcher Apartments (23 - 2-BR town homes with full basements; 1 - 2-BR Garden; 1 - Studio). Brick exterior. Renovations in 2013-2014 include new roof, rehab of 15 units, video system, 11 hot water heaters, sump pump system, exterior lighting, new privacy fenced patios, updated electric service, sub-metered for water, AC units. Full basements with W/D hookups. Heat included in rents....room to push rents and ability to bill tenants for gas. Motivated Seller! 17.25% Return on Equity with 25% down.
This building had recently an exterior renovation w/new windows, doors & vinyl siding, but the interior requires complete renovation. First floor -- one open blank space - great for a contractor, storage, or any type of sales shop. Second floor -- 2 apartments -- need complete rehab. SELLER WANTS SOLD NOW! CALL DOUG ASP 440-823-8328 OR 440-842-7010.
Size Upon Req.$1,495,000
32 unit apartment complex on 3.672 acres.
Size Upon Req.$198,000
ALL NEW WINDOWS & SOFFIT. ALL UNITS HAVE WASHER & DRYER HOOK UPS. THERE ARE 2 BLDGS & BUYER HAS TO PURCHASE BOTH. SOME UNITS ARE HEATED W/GAS & SOME ELECTRIC. THERE IS A TOTAL OF 8 UNITS. CALL LISTING OFFICE FOR MORE INFORMATION.
Great investment package in Pataskala Ohio. 6 unit apartment complex in a great location with all units rented and one unit has a tenant of 17 years. Also included is an additional 1 acre parcel for future development or expansion.
Nicely kept 6 unit apartment building!!6 car garage also with plenty of parking!There are 2 one bedroom units and 4 two bedroom units!!Appliances in each unit!!Wood floors and wood doors in each unit!!Separate utilities and furnaces!!The entire building has been well kept and many of the units have not been rented for a long time!! CALL CHRIS DEPIERO 440-842-7010.
AGENT REMARKS: ZONED COMMERCIAL. CALL CINDY FOR ALL APPTS. (740)317-7780 CUSTOMER REMARKS: WONDERFUL INVESTMENT OPPORTUNITY. CLOSE TO UNIVERSITY. 3 VERY WELL MAINTAINED UNITS WITH LOADS OF UPDATES. MUST SEE TO APPRECIATE. SEE ASSOC DOCS FOR FACT SHEET ON THIS TRIPLEX.
Zoned residential - priced as land only. Buildings included. 5 parcels included - 32-00519.000, 32-01803.000, 32-00532.000, 32-00531.000, 32-00530.000. Please ask for Nancy Chrisitan.
Rare opportunity to own 7 apartments just steps from Lake Erie College and next to the Lake Metroparks bike path. Recently remodeled 2-2Bdrm/4-1bdrm and 1 efficiency apartment. From the street, this structure is surrounded by trees and appears to be somebody's country estate. Drive to the back to find a cluster of Cottage style apartments in a country-like private setting. This is all close to Downtown Painesville, steps to Lake Erie College and public transportation. Great opportunity for a group home setting. There is a 3-car garage with separate stalls which is currently being rented for $96/month. The property is next to a 65+ Community. Financial statement provided by the owner. Currently 100 percent occupied. Rent: 675, 625, 525, 525, 525, 500 and 475 and the garage rental is 96. Contact Patricia Verh for more details 440-391-0755