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806 Spring St
Conneaut, OH 44030
Spring Valley Apartments · Multifamily Property For Sale
·
20 Units
PROPERTY FACTS
| No. Units | 20 | Lot Size | 1.28 AC |
| Property Type | Multifamily | Building Size | 11,000 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1975 |
| Building Class | C | Parking Ratio | 2.73/1,000 SF |
| Zoning | Multifamily | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.28 AC |
| Building Size | 11,000 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Parking Ratio | 2.73/1,000 SF |
| Zoning | Multifamily |
ABOUT 806 SPRING ST , CONNEAUT, OH 44030
The Spring Valley Apartments is a Cardinal-style property containing 20 one bedroom units. Units are housed in three single-story buildings with pitched asphalt shingled roofs. Each unit has an individual furnace and front entrance that leads to the exterior of the property. Tenants pay heat and electric. Spring Valley is a value-add opportunity. The property offers some of the lowest rents in the immediate market. With focused management and curb appeal improvements, a new owner has potential to increase monthly rents by $25-$50. Spring Valley is located in the city of Conneaut in Ashtabula County, Ohio. Conneaut is 30 minutes from Erie, Pennsylvania, 50 minutes from Mentor, Ohio and one hour from Cleveland, Ohio. Conneaut offers residents quaint, small town living with community amenities that include Lake Erie beaches, the Spire Institue, a nationally renowned sports complex, Geneva-on-the Lake and over 20 wineries located throughout Ashtabula County.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 550 |
PROPERTY TAXES
| Parcel Number | 121080002300 | Improvements Assessment | $159,320 |
| Land Assessment | $15,680 | Total Assessment | $175,000 |
PROPERTY TAXES
