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Elyria Investment Properties 5 Properties Offered at $1,070,000 in Elyria, OH
Executive Summary
Being sold as an Investment Portfolio - 5 properties. This great opportunity of flex space, mixed use, residential, apartments and warehouse all full with yearly and multi year tenants in place, some for 25 years. Brings in great cash flow and low maintenance properties and tenants. One of a kind portfolios for investor. Potentially certain properties can be broken off of the portfolio and sold separately. Following properties to be included in the sale of the portfolio: 158 Eady - PP# 06-25-012-102-024 - garage 1500sqft ; 165 Kenwood - PP# 06-25-013-101-016 - garage/warehouse blue bldg 1920sqft, brown bldg 2120sqft ; 165.5 Kenwood - PP# 06-25-013-101-017 - lot, garage, office 400sqft ; 154 Woodbury - PP# 06-25-014-103-025 & 06-25-014-103-026 - garage, 2 apts 3552sqft ; 164 Woodbury - PP# 06-25-014-103-022 - house 3 bed, 1 bath 816sqft. Brings in $154,500 annually. Seller has to do a 1031 exchange.
Taxes & Operating Expenses (Actual - 2024) |
Annual |
|---|---|
| Gross Rental Income |
$154,500
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$154,500
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $154,500 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $154,500 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | $1,070,000 | Number of Properties | 5 |
| Price / SF | $99.48 / SF | Individually For Sale | 5 |
| Sale Condition | 1031 Exchange | Total Building Size | 10,756 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.64 AC |
| Status | Active |
| Price | $1,070,000 |
| Price / SF | $99.48 / SF |
| Sale Condition | 1031 Exchange |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 5 |
| Total Building Size | 10,756 SF |
| Total Land Area | 0.64 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 158 Eady Ct, Elyria, OH 44035 | Flex | 1,500 SF | 1789 | $159,000 |
| 165.5 Kenwood st, Elyria, OH 44035 | Flex | 400 SF | 1789 | $214,000 |
| 154 Woodbury St, Elyria, OH 44035 | Industrial | 4,400 SF | 1959 | $299,000 |
| 165 Kenwood St, Elyria, OH 44035 | Industrial | 3,640 SF | 1999 | $249,000 |
| 164 Woodbury St, Elyria, OH 44035 | Office | 816 SF | 1940 | $149,000 |
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Elyria Investment Properties
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