214 S Seffner Avenue , Marion, OH 43302
Marion, OH 43302
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 Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 79 |
| Listing Provided By | Keller Williams Consultants | Christopher M Shea |
Features
| Units | 46 |
|---|---|
| Building(s) | 27 |
| Acreage | 0.25 |
Market Activity 43302
Request a showing
Request a showing
Contact
Learn More About This Property
| State | OH |
|---|---|
| County | Marion |
| City | Marion |
| Zip Code | 43302 |
| School District | MARION CSD 5102 MAR CO. |
| Listing VS Median (in 43302) | |
Price: $4,495,000 low | high Med: $179,450 On Site: 79 low | high Med: 53.500000 | |