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Investment Highlights

  • Fully Occupied!
  • 18 Units Section 8!
  • $28k Per Month In Gross Rent AS-IS!

Executive Summary

Turnkey 25-Unit Residential Portfolio | 100% Occupied | Currently Grossing $28K/Month | Lorain County, OH
An exceptional opportunity to acquire a fully-occupied, 25-unit residential portfolio across Lorain County, Ohio, currently generating approximately $28,000 per month (~$334,000 annually) in in-place rent. This is real, collected income — not projected — from a stabilized, cash-flowing asset ready to perform from day one.
The portfolio spans 15 properties across Lorain, Elyria, and Euclid, offering a diversified scattered-site footprint with no single-vacancy concentration risk. The unit mix includes 8 single-family homes, 5 duplexes, 1 triplex, and 1 quadplex — a balanced blend of asset types under one ownership.
Investment Highlights:
100% occupied — all 25 units leased and paying, with stabilized in-place income and no lease-up required
~$28,000/month gross rent (~$334K/year) currently being collected
Section 8 stability — 18 of 25 units are voucher-backed through the local Housing Authority, with roughly 60% of collections government-paid and highly reliable
Diversified across 15 properties and 3 cities, reducing vacancy and concentration risk versus a single building
Ongoing capital investment — many of the units have received various updates over the last 5–7 years; a full property-by-property improvement history is available to qualified buyers
One clean transaction — acquire 25 doors and instant scale in a single, simple closing
Priced at $1,950,000 — approximately $78,000 per unit
With durable, largely government-backed cash flow, a diversified asset base, and a straightforward path to ownership, this portfolio is ideally suited for a cash-flow-focused investor seeking scale in an affordable, landlord-friendly Northeast Ohio market.

Property Facts

Price $1,950,000
Price / SF $1,088 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 1,792 SF
Total Land Area 0.17 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1412 Massachusetts Ave, Lorain, OH 44052 Specialty 1,792 SF 1979 -
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  • Listing ID: 42072612

  • Date on Market: 9/6/2026

  • Last Updated:

  • Address: 25 Unit Fully Occupied Portfolio!, Lorain, OH

Contact the Sale Advisor

25 Unit Fully Occupied Portfolio!

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