Pine Bridge is a 180-unit apartment community located in Mansfield, OH. The property has consistently demonstrated exceptional performance, with near-full occupancy and steady income growth supported by resilient renter demand. This strength reflects both the community’s appeal and the stability of the Mansfield submarket, where the supply story is limited, and occupancy remains high.
Strategically located only 3 miles from I-71, the property offers seamless access to Cleveland and Columbus in a cozy small-city setting. Pine Bridge has also benefited from $1.8M in recent capital improvements, positioning a new owner to achieve reliable returns at a compelling discount to replacement cost, without the burden of costly deferred maintenance. This property is available free and clear or as a loan assumption.