$4,495,000
 $24,130 est/mo Sourced by Back At You

214 S Seffner Avenue , Marion, OH 43302

Marion, OH 43302

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Description

Recently updated, well maintained and managed Marion, Ohio portfolio of 46 units plus a laundromat and garage. The portfolio consists of 15 unit complex (a 6 unit, a 5 unit, 2 doubles, a laundromat, and a 3000 sf storage garage) 10 additional doubles, and 11 single family homes. Properties have been updated over the past 4 years. Self managed using Tenant Cloud system for landlord and tenant processes and online payments. Laundry provides additional income and garage currently used as storage for owner could also be rented. Units have similar upgrades with same paint colors, LVP flooring, etc. for ease of maintenance. 8.4% cap rate with $380,000+ NOI. Properties are in high demand with strong tenants and 97% occupancy. One unit currently being renovated. Great turnkey portfolio!

Details

MLS#224025279
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site80
Listing Provided ByKeller Williams Consultants | Christopher M Shea

Features

Units46
Building(s)27
Acreage0.25

Market Activity 43302

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Columbus Realtors

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Learn More About This Property

StateOH
CountyMarion
CityMarion
Zip Code43302
School DistrictMARION CSD 5102 MAR CO.
Listing VS Median (in 43302)
Price:
$4,495,000
low | high
Med:
$179,950
100% of Average
On Site:
80
low | high
Med:
36.500000
100% of Average
Sourced by Back At You
Listing Updated: October 8, 2024 at 2:24:34 PM PDT