620 Cleveland Rd W - Apartments FOR SALE


Huron, OH 44839
$3,850,000 USD
419-706-2365
620 Cleveland Rd W, Huron, OH for Sale
$3,850,000 USD
Apartments - FOR SALE
1/45
null | 8.33% Cap Rate

620 Cleveland Rd W
Huron, OH 44839


OVERVIEW

Discover a remarkable opportunity to invest in a portfolio(47 units) of established long-term rental buildings located in the sought-after community of Huron, Ohio. These well-maintained buildings, with a history of steady occupancy, are ideal for investors seeking reliable income and low-risk property management. Strategically situated near Lake Erie, local schools, and employment hubs, these properties benefit from a consistent tenant demand. Each building offers practical layouts and functional amenities, catering to tenants seeking comfortable, long-term housing. With their proven rental performance, these buildings represent a solid addition to any investment portfolio. Don’t miss out on this chance to acquire a collection of income-generating properties in a stable and growing rental market. Reach out today to learn more about this exciting investment opportunity!

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

47

PRICE/UNIT

$81,915

CAP RATE

8.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cleveland Road Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.42 AC

LAND SF

105,415 SF

ZONING

-

APN/PARCEL ID

42-01277-000,42-01351-000

ASK ABOUT THIS PROPERTY

Tarina SidotiBerkshire Hathaway Professional RealtyMore Info
419-706-2365

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Tarina SidotiBerkshire Hathaway Professional RealtyMore Info
419-706-2365

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