26 unit portfolio FOR SALE


Lima, OH
$2,799,000 USD
419-302-3940
, Lima, OH for Sale
$2,799,000 USD
FOR SALE
1/29
null | 8.57% Cap Rate

26 unit portfolio
Lima, OH


HIGHLIGHTS

  • 7 high end loft apartments and 2 new construction triplexes
  • Stabilized properties with strong commercial tenants
  • Located in Lima's revitalizing downtown
  • Minutes from 2 major health networks and Lima's largest employers

OVERVIEW

26 mid-to-high end apartments located in the revitalized downtown of Lima, OH. Properties in portfolio include; 10-unit mixed use building (7 high end loft apt, 3 commercial units), 10-unit brick townhouse apartment building, and 2 new construction triplexes. Rents are strong but have upside to be increased further. Properties are stabilized with strong commercial tenants and long term leases. Two high end units are currently used for short/mid term rentals. Positioned to capitalize in the many projects in Lima's downtown and proximity to two major medical networks.

ASK ABOUT THIS PROPERTY

Jeff DulmageHartsock Realty LLCMore Info
419-302-3940

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jeff DulmageHartsock Realty LLCMore Info
419-302-3940

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.