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1521 Brooke Park Dr 8 Unit Apartment Building $429,999 ($53,750/Unit) Toledo, OH 43612
INVESTMENT HIGHLIGHTS
- Strong Rent Upside – In-place income of $3,359/month with market rents supporting $5,000–$5,500/month
- High Income Potential – Scalable cash-flow opportunity suited for long-term hold or value-add investors
- 8-Unit Value-Add Asset – Multiple under-market units offer clear upside through rent optimization
EXECUTIVE SUMMARY
8-UNIT VALUE-ADD OPPORTUNITY • STRONG RENT UPSIDE • HIGH INCOME POTENTIAL
Investors—don’t miss this 8-unit multifamily asset offering significant upside through rent optimization. Currently generating $3,359/month in in-place income, the property features multiple under-market rents, creating a clear value-add opportunity.
Market rents in the area support $600–$700 per unit, positioning the property for $5,000–$5,500/month in pro forma income once stabilized. This creates a strong opportunity to increase cash flow through rent growth and improved performance.
A compelling acquisition for investors seeking scalable income and long-term upside.
Serious buyers may request full rent roll and additional details.
Investors—don’t miss this 8-unit multifamily asset offering significant upside through rent optimization. Currently generating $3,359/month in in-place income, the property features multiple under-market rents, creating a clear value-add opportunity.
Market rents in the area support $600–$700 per unit, positioning the property for $5,000–$5,500/month in pro forma income once stabilized. This creates a strong opportunity to increase cash flow through rent growth and improved performance.
A compelling acquisition for investors seeking scalable income and long-term upside.
Serious buyers may request full rent roll and additional details.
PROPERTY FACTS
| Price | $429,999 | Building Class | C |
| Price Per Unit | $53,750 | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 7,652 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 2.35/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RD6 | ||
| Price | $429,999 |
| Price Per Unit | $53,750 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 7,652 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 2.35/1,000 SF |
| Zoning | RD6 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Carpet
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 23-10384 | Improvements Assessment | $77,035 |
| Land Assessment | $6,930 | Total Assessment | $83,965 |
PROPERTY TAXES
Parcel Number
23-10384
Land Assessment
$6,930
Improvements Assessment
$77,035
Total Assessment
$83,965
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1521 Brooke Park Dr
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