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Executive Summary
Discover a remarkable opportunity to invest in a portfolio (47 units) of established long-term rental buildings located in the sought-after community of Huron, Ohio.
These well-maintained buildings, with a history of steady occupancy, are ideal for investors seeking reliable income and low-risk property management. Strategically situated near Lake Erie, local schools, and employment hubs, these properties benefit from a consistent tenant demand. Each building offers practical layouts and functional amenities, catering to tenants seeking comfortable, long-term housing. With their proven rental performance, these buildings represent a solid addition to any investment portfolio. Don't miss out on this chance to acquire a collection of income-generating properties in a stable and growing rental market. Reach out today to learn more about this exciting investment opportunity! Contact agent for more details!!! *Listing agent is related to the seller
These well-maintained buildings, with a history of steady occupancy, are ideal for investors seeking reliable income and low-risk property management. Strategically situated near Lake Erie, local schools, and employment hubs, these properties benefit from a consistent tenant demand. Each building offers practical layouts and functional amenities, catering to tenants seeking comfortable, long-term housing. With their proven rental performance, these buildings represent a solid addition to any investment portfolio. Don't miss out on this chance to acquire a collection of income-generating properties in a stable and growing rental market. Reach out today to learn more about this exciting investment opportunity! Contact agent for more details!!! *Listing agent is related to the seller
Property Facts
| Price | $4,050,000 | Number of Properties | 2 |
| Price / SF | $72.21 / SF | Individually For Sale | 2 |
| Cap Rate | 9.76% | Total Building Size | 56,089 SF |
| Sale Type | Investment | Total Land Area | 3.42 AC |
| Status | Active |
| Price | $4,050,000 |
| Price / SF | $72.21 / SF |
| Cap Rate | 9.76% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 56,089 SF |
| Total Land Area | 3.42 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 620 Cleveland Rd W, Huron, OH 44839 | Multifamily | 42,744 SF | 1978 | $2,399,000 |
| 618 Cleveland Rd E, Huron, OH 44839 | Multifamily | 13,345 SF | 1968 | $1,799,000 |
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Cleveland Road Portfolio
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