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700 W Wayne St
Paulding, OH 45879

$1,490,000 USD

Apartments For Sale  •  22,800 SF

Property Details

  • Property Type Apartments
  • Total Building Size 22,800 SF
  • Lot Size 0.9 AC
  • Building Class C
  • Year Built 1971
20 Walk Score

Highlights

32-Unit Complex: 40 minutes from Fort Wayne, IN (Indiana’s fastest growing city)
Proforma 8.15% Cap Rate and 11.5% Cash-on Cash Return
Value-Add Opportunity to renovate unit interiors
Offered at an attractive basis of less than $47k/door

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Teddy Kenny 812-964-9084 Marcus & Millichap
Teddy Kenny 812-964-9084 Marcus & Millichap