4337 Hill Ave | Toledo, OH 43607
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- LoopNet Team
4337 Hill Ave
Toledo, OH 43607
Hill Avenue Apartments · Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- 14-unit multi-family property located in the Toledo metropolitan region, which is home to a population of 650,000.
- The property was recently renovated and rented below-market rents, presenting a value-add opportunity.
- Currently 92.86%-occupied (one vacant unit) leased by strong workforce tenant base, with unit mix of all one bedrooms and on-site laundry facilities.
- Major employers in the metro include The University of Toledo, Bowling Green State University, Owens Community College, ProMedica, and Mercy Health.
PROPERTY FACTS
| No. Units | 14 | Building Size | 7,210 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/2012 |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Lot Size | 0.61 AC | ||
| Zoning | CR - Regional Commercial | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 7,210 SF |
| Average Occupancy | 93% |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2012 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | CR - Regional Commercial |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
PROPERTY TAXES
| Parcel Number | 20-05314 | Improvements Assessment | $132,265 |
| Land Assessment | $7,315 | Total Assessment | $139,580 |
PROPERTY TAXES
Parcel Number
20-05314
Land Assessment
$7,315
Improvements Assessment
$132,265
Total Assessment
$139,580
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