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620 Cleveland Road Apartments 620 Cleveland Rd W 47 Unit Apartment Building $4,050,000 ($86,170/Unit) Huron, OH 44839
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 | Building Class | C |
| Price Per Unit | $86,170 | Lot Size | 2.42 AC |
| Sale Type | Investment | Building Size | 42,744 SF |
| No. Units | 47 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1978 |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Price | $4,050,000 |
| Price Per Unit | $86,170 |
| Sale Type | Investment |
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.42 AC |
| Building Size | 42,744 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1978 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 47 | - | 900 |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $991,123 | |
| Land Assessment | $60,399 | Total Assessment | $1,051,522 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$60,399
Improvements Assessment
$991,123
Total Assessment
$1,051,522
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620 Cleveland Road Apartments | 620 Cleveland Rd W
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