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1293 Pebble Creek Dr - 1293 Pebble Creek 4,307 SF Specialty Building Offered at $785,000 at a 8.26% Cap Rate in Lima, OH 45801

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INVESTMENT HIGHLIGHTS

  • 8% CAP!
  • 1031 Exchange available.
  • Leased per bed as part of HUD Housing for the Disabled.

EXECUTIVE SUMMARY

This 7 bedroom is part of Five other HUD Hosing units being off er For Sale at $5,200,000.00 1293 Pebble Creek has 7 units being in $976.00 per bed per month.Property in good shape and has been operating as HUD Housing for Disable people of Allen County since 1986 with HUD. This term ends 2026

PROPERTY FACTS

Price $785,000
Price Per SF $182.26
Sale Type Investment
Cap Rate 8.26%
Sale Condition 1031 Exchange
Property Type Specialty
Property Subtype
Sorority/Fraternity House
  • Specialty Shelter
Building Class C
Lot Size 0.61 AC
Building Size 4,307 SF
No. Stories 1
Year Built 1986
Zoning hospital - nursing

AMENITIES

  • Property Manager on Site
  • Wheelchair Accessible
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-13-03-02-027.009
Land Assessment
$17,710
Improvements Assessment
$81,550
Total Assessment
$99,260
  • Listing ID: 32616583

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 1293 Pebble Creek Dr, Lima, OH 45801

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