17703 Libby Rd | Maple Heights, OH 44137
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- LoopNet Team
17703 Libby Rd
Maple Heights, OH 44137
Libby Road Apartments · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Currently 100% occupied with a 2020 Net Operating Income of $61,131 or a 8.49% Cap Rate at the Asking Price of $719,900.00.
- New 5 Year Hip Roof
- The indoor parking garage also creates an opportunity to boost gross income by leasing covered parking spaces.
- Sub-metered Utilities; Tenant Paid Heat!
- All twelve (12) Units have undergone a recent renovation
- Excellent Unit Mix of Six One Bedroom, One Bathroom Units & Six Two Bedroom, One Bathroom Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 9,192 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1958/2019 |
| Building Class | C | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 0.26 AC | ||
| Zoning | Apartment - Apartment Residential | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 9,192 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1958/2019 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | Apartment - Apartment Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Eat-in Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Double Pane Windows
SITE AMENITIES
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $725.00 | - |
| 2+1 | 6 | $837.50 | - |
PROPERTY TAXES
| Parcel Number | 782-03-034 | Improvements Assessment | $165,200 |
| Land Assessment | $9,800 | Total Assessment | $175,000 |
PROPERTY TAXES
Parcel Number
782-03-034
Land Assessment
$9,800
Improvements Assessment
$165,200
Total Assessment
$175,000
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