2914 Seneca Ave | Lorain, OH 44055
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2914 Seneca Ave
Lorain, OH 44055
92-Unit Lorain Portfolio | 57 SFR | 14 MULTI · Multifamily Property For Sale
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92 Units
INVESTMENT HIGHLIGHTS
- 92-Unit Lorain Portfolio at a strong acquisition cap rate with a TON of room for value-add!
- Nearly 100% occupied currently, with a rent roll bringing in over $70,000 per month
- The portfolio consists of (92) livable units, (57) of which are single family rentals and (14) which are multifamily or multi-unit properties
- The current owner has an office staff that does their property management and they would be willing to stay on if desired
PROPERTY FACTS
| No. Units | 92 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 4,336 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Single-Family Home | Year Built | 1931 |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,336 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Parking Ratio | 1.38/1,000 SF |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $71,925 | |
| Land Assessment | $7,518 | Total Assessment | $79,443 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,518
Improvements Assessment
$71,925
Total Assessment
$79,443
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