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318 Rae Ct 36 Unit Apartment Building $2,500,000 ($69,444/Unit) Willard, OH 44890
Investment Highlights
- 36-unit apartment community comprised of 13 residential buildings.
- Located near schools, parks, shopping, and community services.
Executive Summary
Expand your investment portfolio with this 36-unit apartment complex comprised of 13 buildings. 12 units currently being renovated with a waitlist for occupancy. The property includes 35 one-bedroom, one-bath units and one two-bedroom, one-bath unit, providing a proven unit mix in a strong rental market. Spacious grounds, convenient parking, and a location near schools, parks, shopping, and major services contribute to long-term tenant appeal. This is a rare opportunity to acquire a large multifamily asset with immediate income potential and the opportunity to increase value through continued management and future improvements. Schedule your showing today!
Property Facts
| Price | $2,500,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $69,444 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.06 AC |
| No. Units | 36 | Building Size | 1,891 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1973 |
| Price | $2,500,000 |
| Price Per Unit | $69,444 |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 3.06 AC |
| Building Size | 1,891 SF |
| No. Stories | 1 |
| Year Built | 1973 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 36 | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 51-0360-01-026-0200 | Improvements Assessment | $328,260 |
| Land Assessment | $47,660 | Total Assessment | $375,920 |
Property Taxes
Parcel Number
51-0360-01-026-0200
Land Assessment
$47,660
Improvements Assessment
$328,260
Total Assessment
$375,920
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318 Rae Ct
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