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235 Center Rd
Bedford, OH 44146
The Frances Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- 8 Units / Currently 100% Occupied with waiting list
- Retiring Owner directs the Immediate Sale!
- Tenant Paid Utilities
- 9.66% 2021’s Actual Cap Rate (currently, below market rates)
- Tremendous Upside, Stable Turn-Key Investment
Property Facts
| No. Units | 8 | Building Size | 5,528 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1904 |
| Building Class | C | Parking Ratio | 1.63/1,000 SF |
| Lot Size | 0.29 AC | ||
| Zoning | Multi-Family - Apartments | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 5,528 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1904 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | Multi-Family - Apartments |
Amenities
Unit Amenities
- Carpet
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $610.00 | 425 - 500 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $118,195 | |
| Land Assessment | $17,990 | Total Assessment | $136,185 |
Property Taxes
Parcel Numbers
Land Assessment
$17,990
Improvements Assessment
$118,195
Total Assessment
$136,185
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