185 E Main St - Apartments FOR SALE
Orwell, OH 44076 |
$3,500,000 USD
216-260-0711
185 E Main St
Orwell, OH 44076
HIGHLIGHTS
- Owned and self-managed by local investor for 24+ years
- Diverse mix of studio, 1 bedroom, 2 bedroom, and 3 bedroom unit
- Recent capital expenditures include entire parking lot, electrical panels for each unit, minor renovations and more
- Offering 5+ acres for future development
- Additional revenue streams with on-site laundry, parking, and garages
- Offered free and clear or with an attractive assumable loan
FOR SALE DETAILS
PRICE
$3,500,000 USD
PRICE/SF
$77 USD /SF
# OF UNITS
60
PRICE/UNIT
$58,333
CAP RATE
7.08%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Orwell Village Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1979
PARKING SPACES
100
LAND DETAILS
LAND ACRES
10.49 AC
LAND SF
456,944 SF
ZONING
-
APN/PARCEL ID
390131006400
ASK ABOUT THIS PROPERTY
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216-260-0711
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216-260-0711
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