This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

1805 Adams Ln
Zanesville, OH 43701
Whitegate Apartments and Storage · Multifamily Property For Sale · 24 Units

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Lot Size 1.28 AC
Building Size 11,000 SF
No. Stories 2
Year Built 1972
Zoning RM1

ABOUT 1805 ADAMS LN , ZANESVILLE, OH 43701

11 apartments plus 12 storage units, and a small office unit next door to Ohio University Zanesville and Zane State University. Fully leased with a waiting list plus some additional land for expansion for 8-16 more apartments or numerous storage units. $40,000+ net income with rental upside and additional construction potential. The seller has completed a full rehab on the storage building but has not rented out the units yet. The existing income does not have any storage income yet at this time... a great upside opportunity for the new owner. The property has 4 Buildings and attractive brick curb appeal. Building 1 is a large Duplex each with 3 bedrooms. Building 2 is a 12 unit storage building with an additional office unit. Building 3 is a 5 unit townhouse apartment building with all 3 bedroom units and a new steel roof. Building 4 is a 4 unit garden style building with all 2 bedrooms. Additional land included for anticipated 8-16 more apartments or a number of new storage units. Currently there is such demand from the community for these large apartments but these could be transformed easily into a campus apartment operation The storage building has been recently remodeled and has not been rented yet, which leaves a major income upside for a new owner. On-site resident manager.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-76-02-05-001
Land Assessment
$16,380
Improvements Assessment
$100,275
Total Assessment
$116,655
  • Listing ID: 13305706

  • Date on Market: 7/27/2018

  • Last Updated:

  • Address: 1805 Adams Ln, Zanesville, OH 43701

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}