Apartment Buildings /OH /Perry County /New Lexington /321 W Water St
Apartment Buildings /OH /Perry County /New Lexington /321 W Water St

321 W Water St - Apartments FOR SALE


New Lexington, OH 43764 | 
$2,000,000 USD
216-255-5378
321 W Water St, New Lexington, OH for Sale
$2,000,000 USD
Apartments - FOR SALE
1/6
null | 7.25% Cap Rate
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321 W Water St
New Lexington, OH 43764

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HIGHLIGHTS

  • DIRECT SALE FROM ORIGINAL DEVELOPER
  • VALUE-ADD UPSIDE
  • RECENT CAPITAL IMPROVEMENTS
  • STRONG PHYSICAL CONDITION
  • DESIRABLE UNIT MIX AND LAYOUT
  • SUPPLY-CONSTRAINED SUBMARKET

OVERVIEW

Cap Rate: 7.54% NOI: $144,934 Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$54 USD /SF

# OF UNITS

33

PRICE/UNIT

$60,606

CAP RATE

7.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

321 WEST WATER STREET

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.49 AC

LAND SF

195,584 SF

ZONING

-

APN/PARCEL ID

270004500000

ASK ABOUT THIS PROPERTY

Jared LeikinMatthews Real Estate Investment ServicesMore Info
216-255-5378

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Jared LeikinMatthews Real Estate Investment ServicesMore Info
216-255-5378

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