2618 Collingwood Blvd - Apartments FOR SALE


Toledo, OH 43610- Olde Towne
$265,000 USD
732-757-6393
2618 Collingwood Blvd, Toledo, OH for Sale
$265,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

2618 Collingwood Blvd
Toledo, OH 43610
Olde Towne


OVERVIEW

2618 Collingwood Blvd presents an opportunity to acquire a 5-unit multifamily investment property in Toledo, Ohio, offering immediate income with substantial value-add potential. This historic apartment building provides investors with the ability to increase net operating income through strategic unit renovations, operational improvements, and rent optimization while benefiting from consistent demand for workforce housing in the Toledo market. Situated on approximately 0.31 acres in a centrally located neighborhood, the property offers convenient access to Downtown Toledo, major employers, healthcare facilities, higher education institutions, public transportation, and retail amenities. Its location continues to support strong tenant demand and long-term rental stability. Whether you're seeking to expand an existing multifamily portfolio or acquire your next value-add investment, 2618 Collingwood Blvd offers multiple exit strategies, including long-term hold, refinance after stabilization, or resale following improvements. With immediate cash flow, upside through increased NOI, and an attractive basis relative to replacement cost, this asset represents a compelling opportunity for both experienced and first-time multifamily investors.

FOR SALE DETAILS

PRICE

$265,000 USD

PRICE/SF

$37 USD /SF

# OF UNITS

5

PRICE/UNIT

$53,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

10-RD6

APN/PARCEL ID

09-06514

ASK ABOUT THIS PROPERTY

Ian MaurerMVFM Capital LLCMore Info
732-757-6393

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Ian MaurerMVFM Capital LLCMore Info
732-757-6393

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