795-796 5th St - Dormitory FOR SALE


Struthers, OH 44471
$750,000 USD
330-783-1869
795-796 5th St, Struthers, OH for Sale
$750,000 USD
Dormitory - FOR SALE
1/6
null | Request Cap Rate

795-796 5th St
Struthers, OH 44471


HIGHLIGHTS

  • Equipped with large kitchen/cafeteria space.
  • Comfortable community rooms.
  • Ideal for repurposing for numerous use types.
  • 10% pro forma cap rate.

OVERVIEW

Commercial property originally built for use as a convent with middle courtyard. Recently used as a full service rooming type building for students (frat house arrangement). Most recently used as a shelter for at risk mothers and others needing assistance. Approximately 20+ rooms with private or shared bathrooms. Many of the units have a Jack & Jill style bathroom set up. Also, has large kitchen/cafeteria area and comfortable community rooms. Multiple possibilities for repurposing or for multiple tenant uses. Pro forma cap rate of 10%.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

20

PRICE/UNIT

$37,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

-

APN/PARCEL ID

38-014-0-273.00-0,38-014-0-274.00-0,38-014-0272.00-0

ASK ABOUT THIS PROPERTY

Tom KellyBeau Quest RealtyMore Info
330-783-1869

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Tom KellyBeau Quest RealtyMore Info
330-783-1869

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