Marcus & Millichap is pleased to exclusively present Straley Apartments, a 32-unit apartment complex located in Paulding, OH. Located just 40 minutes from Fort Wayne, the property benefits from being near one of the fastest growing cities in the Midwest. The property was built from 1972 - 1974 and is comprised of sixteen (16) Two-Bedroom Apartments, and sixteen (16) One-Bedroom Apartments. The two-bedroom units are approximately 775 square feet, and the current average rent is $675. The one-bedroom units are approximately 650 square feet, and the current average rent is $640. Nearby comparable properties average 2-bedroom rents are $880/month, while comparable 1- bedroom rents average $800+, supporting the notion that Straley Apartments is well situated for substantial revenue growth. Straley Apartments offers the prospective investor an attractive opportunity to acquire 32 apartments near Fort Wayne, Indiana. The property was built in the early 1970s, has great curb appeal, has an excellent unit mix of half one-bedroom units and half two-bedroom units, is offered at an affordable basis of $46,000/unit, and is primed for value-add interior unit renovations.