Walnut Woods is comprised of 99 condo units located in Toledo, Ohio, offering excellent access to the area’s major employment centers, including the University of Toledo, Amazon, Mercy Health, and ProMedica. Adjacent to the Airport Hwy and Spring Meadows commercial corridor, one of the region’s primary retail thoroughfares, the property is just minutes from numerous retail and entertainment destinations.
Well maintained and presenting a mid-state reposition, Walnut Woods is primed for a new owner to achieve tremendous returns by continuing the proven value add program. The asset features spacious, in-demand floorplans, providing built-in protection from new supply threats. Additional upside exists through the potential acquisition of the remaining 19 condo units and dissolution of the HOA.
With impressive property performance, rents well below surrounding competitors, and attractive fundamentals, Walnut Woods presents an outstanding opportunity for a new owner to achieve tremendous upside. Walnut Woods is available free and clear.