$ 4,495,000
214 S Seffner Avenue Marion, OH 43302
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$ 4,495,000
Est. payment | /mo
0.25 Acres Lot
$ 4,495,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Combination
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224025279
HOA Y/N No
Year Built 1920
Lot Size 10,890 Sqft
Property 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!
Location
State OH
County Marion
Interior
Heating Gas
Cooling Central, Other
Exterior
Garage 3 Car Garage, On Street
Schools
School District Marion Csd 5102 Mar Co.
Others
Miscellaneous Basement,Security System
Listed by Christopher M Shea • Keller Williams Consultants
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”