2820-2846 Airport Hwy | Toledo, OH 43609
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This Multifamily Property is no longer advertised on LoopNet.com.
2820-2846 Airport Hwy
Toledo, OH 43609
Clair Commons · Multifamily Property For Sale · 90 Units
INVESTMENT HIGHLIGHTS
- Located in the Toledo metro area, which has a population of 650,000 and includes on-site laundry facilities, and has ample parking spaces.
- Property was recently renovated and rented below-market rents, presenting a value-add opportunity.
- Currently 82.22%-occupied with unit mix of (11)studios, (54) one-bedrooms, (25) two-bedroom units.
- Major employers in the metro include The University of Toledo, Bowling Green State University, Owens Community College, ProMedica, and Mercy Health.
PROPERTY FACTS
No. Units | 90 | Building Size | 53,820 SF |
Property Type | Multifamily | Average Occupancy | 96% |
Property Subtype | Apartment | No. Stories | 1 |
Apartment Style | Low Rise | Year Built | 1983 |
Building Class | C | Parking Ratio | 1.09/1,000 SF |
Lot Size | 4.47 AC |
No. Units | 90 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 4.47 AC |
Building Size | 53,820 SF |
Average Occupancy | 96% |
No. Stories | 1 |
Year Built | 1983 |
Parking Ratio | 1.09/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
- Grill
- Wi-Fi
- Maintenance on site
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
Studios | 11 | - | - |
1+1 | 54 | - | - |
2+1 | 25 | - | - |
LINKS
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $515,060 |
Land Assessment | $99,225 | Total Assessment | $614,285 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 20-84626
- 20-84558
Land Assessment
$99,225
Improvements Assessment
$515,060
Total Assessment
$614,285
ZONING
Zoning Code | RM36 (Multi-Dwelling Residential - 36 Units Per Acre) |
RM36 (Multi-Dwelling Residential - 36 Units Per Acre) |
Learn More About Investing in Apartment Buildings
Listing ID: 22406748
Date on Market: 3/5/2021
Last Updated:
Address: 2820-2846 Airport Hwy, Toledo, OH 43609
The Multifamily Property at 2820-2846 Airport Hwy, Toledo, OH 43609 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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