1380 Country Side Dr - Apartments FOR SALE


Newark, OH 43055
$3,074,000 USD
740-587-7441
1380 Country Side Dr, Newark, OH for Sale
$3,074,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1380 Country Side Dr
Newark, OH 43055


OVERVIEW

This investment offering includes 29 fully leased multifamily units across multiple addresses on Country Side Drive and Whispering Way in Newark, Ohio. With 100% occupancy, the property provides stable in-place income and immediate cash flow. Each unit is part of a well-maintained community, with all roofs updated within the last 8 years. This portfolio presents a rare opportunity to acquire a sizable collection of units in a single transaction. The scale, strong rental history, and recent capital improvements make this property especially appealing to multifamily and condo investors seeking long-term value. Financials are available upon request with a signed NDA. Address included in sale: 1380 1385 1389 1391 1393 1396 1400 Country Side Dr & 1391 Whispering Way Situated in a prime Newark location, the property benefits from unmatched convenience. Residents enjoy easy access to SR-16 for commuting, as well as close proximity to healthcare facilities, shopping, office centers, and local colleges. This accessibility enhances tenant appeal and supports consistent rental demand, while the surrounding amenities ensure the community remains an attractive choice for a wide range of renters.

FOR SALE DETAILS

PRICE

$3,074,000 USD

PRICE/SF

$727 USD /SF

# OF UNITS

29

PRICE/UNIT

$106,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Side & Whispering Way Condos

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

-

APN/PARCEL ID

054-286128-33.001,054-286128-33.002,054-286128-33.003,054-286128-33.004

ASK ABOUT THIS PROPERTY

Connor McMahonShai · Hess Commercial Real EstateMore Info
740-587-7441

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Connor McMahonShai · Hess Commercial Real EstateMore Info
740-587-7441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.