349-374 Jennings Ave | Mansfield, OH 44907
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- LoopNet Team
349-374 Jennings Ave
Mansfield, OH 44907
Jennings Apartments · Multifamily Property For Sale
·
113 Units
INVESTMENT HIGHLIGHTS
- Significant Upside Through Management Efficiencies
- 64% Townhome Units (One- and Two-Bedroom)
- More Than $850,000 of Capital Expenditures Since 2021
- Trailing 12 Month Revenue Up $65,000+ Since Late 2024
- Recently Implemented RUBS Program Through Guardian
PROPERTY FACTS
| No. Units | 113 | Lot Size | 7.80 AC |
| Property Type | Multifamily | Building Size | 96,666 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Townhome | No. Stories | 3 |
| Building Class | C | Year Built | 1971 |
| Zoning | Commercial | ||
| No. Units | 113 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 7.80 AC |
| Building Size | 96,666 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 1971 |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Balcony
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 48 | $725.00 | 604 |
| 2+1 | 40 | $825.00 | 690 |
| 2+1.5 | 25 | $850.00 | 892 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $716,330 | |
| Land Assessment | $128,150 | Total Assessment | $844,480 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$128,150
Improvements Assessment
$716,330
Total Assessment
$844,480
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