Log In/Sign Up
Your email has been sent.
Bryan Manor Apartments 3917 Airport Hwy 30 Unit Apartment Building $1,425,000 ($47,500/Unit) 9.88% Cap Rate Toledo, OH 43615
EXECUTIVE SUMMARY
3917 Airport Hwy – 30 Units
All brick apartment building offering 29 two-bedroom units and 1 efficiency. Features off-street parking, separately metered electric, and leased laundry facilities. Conveniently located between Byrne and Reynolds on the south side of Airport Hwy. Over $124,000 invested in updates and deferred maintenance, creating a stabilized and improved asset ready for new ownership.
All brick apartment building offering 29 two-bedroom units and 1 efficiency. Features off-street parking, separately metered electric, and leased laundry facilities. Conveniently located between Byrne and Reynolds on the south side of Airport Hwy. Over $124,000 invested in updates and deferred maintenance, creating a stabilized and improved asset ready for new ownership.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,425,000 | Building Class | C |
| Price Per Unit | $47,500 | Lot Size | 1.06 AC |
| Sale Type | Investment | Building Size | 23,500 SF |
| Cap Rate | 9.88% | Average Occupancy | 90% |
| No. Units | 30 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Parking Ratio | 1.37/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | 10-CO - Office Commercial | ||
| Price | $1,425,000 |
| Price Per Unit | $47,500 |
| Sale Type | Investment |
| Cap Rate | 9.88% |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.06 AC |
| Building Size | 23,500 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | 10-CO - Office Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 30 | - | 585 - 750 |
1 1
PROPERTY TAXES
| Parcel Number | 20-07081 | Improvements Assessment | $302,225 (2024) |
| Land Assessment | $14,945 (2024) | Total Assessment | $317,170 (2024) |
PROPERTY TAXES
Parcel Number
20-07081
Land Assessment
$14,945 (2024)
Improvements Assessment
$302,225 (2024)
Total Assessment
$317,170 (2024)
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Bryan Manor Apartments | 3917 Airport Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.