116 Arkansas Ave | Lorain, OH 44052
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- LoopNet Team
116 Arkansas Ave
Lorain, OH 44052
Gross Point Apts. · Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- Close to Lake Erie, close to shops and restaurants
- Laundry on site for apartments and in units for Townhouse style apartments
- Plenty of Parking, back porches, private setting
PROPERTY FACTS
| No. Units | 20 | Building Size | 15,488 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 2.26/1,000 SF |
| Lot Size | 1.10 AC | ||
| Zoning | Commercial | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 15,488 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.26/1,000 SF |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Range
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 8 | $850.00 | 525 |
| 2+1 | 2 | $950.00 | 350 |
| 1+1 | 8 | $800.00 | 325 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $258,801 | |
| Land Assessment | $46,562 | Total Assessment | $305,363 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$46,562
Improvements Assessment
$258,801
Total Assessment
$305,363
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