1521 Brooke Park Dr - Apartments FOR SALE


Toledo, OH 43612- Whitmer-Trilby
$399,000 USD
732-757-6393
1521 Brooke Park Dr, Toledo, OH for Sale
$399,000 USD
Apartments - FOR SALE
1/12
null | 16.54% Cap Rate

1521 Brooke Park Dr
Toledo, OH 43612
Whitmer-Trilby


HIGHLIGHTS

  • Strong Rent Upside – In-place income of $3,359/month with market rents supporting $5,000–$5,500/month
  • 8-Unit Value-Add Asset – Multiple under-market units offer clear upside through rent optimization
  • High Income Potential – Scalable cash-flow opportunity suited for long-term hold or value-add investors

OVERVIEW

8-UNIT VALUE-ADD OPPORTUNITY • STRONG RENT UPSIDE • HIGH INCOME POTENTIAL Investors—don’t miss this 8-unit multifamily asset offering significant upside through rent optimization. Currently generating $3,359/month in in-place income, the property features multiple under-market rents, creating a clear value-add opportunity. Market rents in the area support $600–$700 per unit, positioning the property for $5,000–$5,500/month in pro forma income once stabilized. This creates a strong opportunity to increase cash flow through rent growth and improved performance. A compelling acquisition for investors seeking scalable income and long-term upside. Serious buyers may request full rent roll and additional details.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$52 USD /SF

# OF UNITS

8

PRICE/UNIT

$49,875

CAP RATE

16.54%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

RD6

APN/PARCEL ID

23-10384

ASK ABOUT THIS PROPERTY

Nikhil VishakantaWe InvestMore Info
732-757-6393

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Nikhil VishakantaWe InvestMore Info
732-757-6393

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