139 Madison Ave | Youngstown, OH 44504
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- LoopNet Team
139 Madison Ave
Youngstown, OH 44504
Flats at Wick · Multifamily Property For Sale
·
49 Units
INVESTMENT HIGHLIGHTS
- Now 75.2% Leased with new mid-October Move-Ins
- Three years of tax abatement remaining
- 97% of units 2 bedrooms+
- Irreplaceable location directly adjacent to Youngstown State University campus
- Robust rental market at 93.2% occupancy
- Significant upside in rents and occupancy
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- High Speed Internet Access
- Refrigerator
- Range
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Tenant Controlled HVAC
- Conference Rooms
- Lounge
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 750 |
| 2+2 | 36 | - | 1,000 |
| 3+3 | 2 | - | 1,200 |
| 4+4 | 8 | - | 1,400 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,435,950 | |
| Land Assessment | $134,630 | Total Assessment | $1,570,580 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$134,630
Improvements Assessment
$1,435,950
Total Assessment
$1,570,580
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