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3041 Fredrick Street 30 Unit Apartment Building $1,970,000 ($65,667/Unit) 8.47% Cap Rate Youngstown, OH 44505
Executive Summary
Ideally located in Liberty Township, Trumbull County, Ohio
Just off the busy Belmont retail corridor near Interstate I-80 and Interstate 680.
Five fully rented six plex's includes 19 two-bedroom units and 11 one-bedroom units.
All buildings have newer roofs, new windows and new updated boilers.
Also includes coin operated Laundry machines.
Just off the busy Belmont retail corridor near Interstate I-80 and Interstate 680.
Five fully rented six plex's includes 19 two-bedroom units and 11 one-bedroom units.
All buildings have newer roofs, new windows and new updated boilers.
Also includes coin operated Laundry machines.
Property Facts
| Price | $1,970,000 | Property Subtype | Apartment |
| Price Per Unit | $65,667 | Building Class | C |
| Sale Type | Investment | Building Size | 24,616 SF |
| Cap Rate | 8.47% | Average Occupancy | 100% |
| No. Units | 30 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Price | $1,970,000 |
| Price Per Unit | $65,667 |
| Sale Type | Investment |
| Cap Rate | 8.47% |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 24,616 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 12-534470 | Improvements Assessment | $46,380 |
| Land Assessment | $5,250 | Total Assessment | $51,630 |
Property Taxes
Parcel Number
12-534470
Land Assessment
$5,250
Improvements Assessment
$46,380
Total Assessment
$51,630
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3041 Fredrick Street