6 Unit Portfolio FOR SALE


Lima, OH
$580,000 USD
419-302-9343
, Lima, OH for Sale
$580,000 USD
FOR SALE
1/7
null | 16.55% Cap Rate

6 Unit Portfolio
Lima, OH


HIGHLIGHTS

  • This 15-unit real estate investment opportunity includes triplex, duplex, six-plex, and single-family homes.
  • Despite vacancies, the property has a solid cap rate of 8%.
  • By renting vacant units and raising rents, the cap rate could reach nearly 12%.
  • A great investment for landlords or portfolio expansion.

OVERVIEW

Check out this fantastic 15-unit real estate investment opportunity, featuring a triplex, duplex, six-plex, and 4 single-family homes. Most units offer two bedrooms and one bath, with one house boasting three bedrooms, and one unit in the triplex offering one bedroom and one bath. The current monthly rent roll is $8,135, with two units currently vacant. Even with these vacancies, the property delivers a solid cap rate of 8%. By renting the vacant units and raising rents to market levels, the cap rate could climb to nearly 12%. Whether you're just starting out as a landlord or expanding your portfolio, this is a tremendous opportunity. Reach out today to explore this promising investment! Directions: All showing will require a letter of intent or an accepted offer. Tenants rights apply.

ASK ABOUT THIS PROPERTY

Shaun RichardsoneXp RealtyMore Info
419-302-9343

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Shaun RichardsoneXp RealtyMore Info
419-302-9343

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