913-553-1733
500 N Lexington-Springmill Rd, Mansfield, OH for Sale
Apartments - FOR SALE
1/14
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500 N Lexington-Springmill Rd
Mansfield, OH 44906


HIGHLIGHTS

  • Strong In-Place Cap Rate
  • Outsized Future Yield
  • Low-Cost Value-Add Strategy
  • Enormous Capital Improvements Completed
  • Location & Strategic Points of Interest
  • Strong Local Demographics & Limited Market Supply

OVERVIEW

MMG Real Estate Advisors is pleased to present Concord Square Apartments, a 73-unit, stabilized, high-performing multifamily opportunity in the heart of the top submarket (Ontario) in the broader Mansfield MSA. With a 96% current occupancy rate and a strategic location in a major retail corridor, the asset is perfectly positioned to capitalize on the area’s steady demand and limited new supply.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

73

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Concord Square Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

150

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

C

APN/PARCEL ID

038-60-153-08-001,038-60-153-08-002

ASK ABOUT THIS PROPERTY

913-553-1733

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913-553-1733

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