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Cordoba Apartments 27772-27796 Oregon Rd 36 Unit Apartment Building $1,875,000 ($52,083/Unit) 8.03% Cap Rate Perrysburg, OH 43551
Investment Highlights
- 36 Units
- Laundry Facilities
- Separately metered electric
Executive Summary
36-unit multifamily investment opportunity located on Oregon Road in Perrysburg Township, just minutes from I-795, major employers, retail, and Toledo metro access. Property consists of two brick/vinyl apartment buildings built in 1977.Building consists of 2- efficiencies and 34- one beds.
Property Facts
| Price | $1,875,000 | Building Class | C |
| Price Per Unit | $52,083 | Lot Size | 1.20 AC |
| Sale Type | Investment | Building Size | 15,620 SF |
| Cap Rate | 8.03% | Average Occupancy | 94% |
| No. Units | 36 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1977/2018 |
| Property Subtype | Apartment | Parking Ratio | 2.69/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $1,875,000 |
| Price Per Unit | $52,083 |
| Sale Type | Investment |
| Cap Rate | 8.03% |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.20 AC |
| Building Size | 15,620 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built/Renovated | 1977/2018 |
| Parking Ratio | 2.69/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 34 | - | 525 |
| Studios | 2 | - | 400 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $269,150 | |
| Land Assessment | $100,800 | Total Assessment | $369,950 |
Property Taxes
Parcel Numbers
Land Assessment
$100,800
Improvements Assessment
$269,150
Total Assessment
$369,950
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Cordoba Apartments | 27772-27796 Oregon Rd
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