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327 N Trimble Rd 10 Unit Apartment Building $465,000 ($46,500/Unit) 11.03% Cap Rate Mansfield, OH 44906
Executive Summary
327 & 331 N Trimble Rd is a 10-unit multifamily property in Mansfield, Ohio, consisting of nine 1-bed/1-bath apartment units and one single-family home. The property offers stable in-place cash flow with value-add upside through rent growth and lease turnover. Current monthly rent totals approximately $6,275.
Property Facts Under Contract
| Price | $465,000 | Apartment Style | Low-Rise |
| Price Per Unit | $46,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.47 AC |
| Cap Rate | 11.03% | Building Size | 10,000 SF |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Parking Ratio | 3.89/1,000 SF |
| Zoning | R-1 | ||
| Price | $465,000 |
| Price Per Unit | $46,500 |
| Sale Type | Investment |
| Cap Rate | 11.03% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1920 |
| Parking Ratio | 3.89/1,000 SF |
| Zoning | R-1 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+1 | 1 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 027-04-155-11-000 | Improvements Assessment | $23,150 |
| Land Assessment | $7,540 | Total Assessment | $30,690 |
Property Taxes
Parcel Number
027-04-155-11-000
Land Assessment
$7,540
Improvements Assessment
$23,150
Total Assessment
$30,690
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Contact the Sale Advisor
327 N Trimble Rd