191 Center Rd - Apartments FOR SALE


Bedford, OH 44146
$969,000 USD
760-578-3989
191 Center Rd, Bedford, OH for Sale
$969,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

191 Center Rd
Bedford, OH 44146


HIGHLIGHTS

  • Street visibility
  • large 2 bed units
  • near police dept.

OVERVIEW

Great first building for a local operator. Blended rents avg. $1018 per month. 12 units all of which are large 2/1s that rent easily. Safe neighborhood next to Bedford Police dept.. Has some deferred maintenance but nothing preventing renting units. Plenty of meat on the bone here for a cap ex value ad play. Assume a 40% expense ratio. I do not respond to emails on this platform so .....Please reach out to Mike directly if you have specific questions 760-578-3989

FOR SALE DETAILS

PRICE

$969,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

12

PRICE/UNIT

$80,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

R3, Bedford

APN/PARCEL ID

812-10-008

ASK ABOUT THIS PROPERTY

Mike CoricaI-deal Homes Real Estate HoldingsMore Info
760-578-3989

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Mike CoricaI-deal Homes Real Estate HoldingsMore Info
760-578-3989

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