1175 Southcrest Drive
New Franklin, Ohio 44319

Gallery

For Sale,

Overview

RARE OPPORTUNITY. Fully occupied updated 18-unit apartment complex located in New Franklin directly next to Portage Lakes State Park which offers a public beach with swimming along with walking trails and picnic areas. The property consists of fourteen two-bedroom units and Four one-bedroom units. All the units have full basements with washer and dryer hookups. Each unit has central air conditioning along with gas forced air heat. Gas and electric are all separately metered and paid by tenants. The complex is served by county sewer. The buildings are in outstanding updated condition. This is a CONFIDENTIAL LISTING, so please do not approach the tenants.

Highlights

• Rare Investment Opportunity

• Extremely Well-Maintained Property

• 14 Two Bedroom and 4 One Bedroom Units

• Tenants Pay for Their Own Electricity and Gas

• Full Basements with Washer and Dryer Hook-ups

• Great Location Next to Portage Lakes State Park

• Long History of Low Vacancy

• Upside Potential on the Rents

Quick Stats

SALE PRICE:
$1,500,000
SIZE:
17,992 SF
LOT SIZE:
1.61 Acres
TYPE:
Multi Family,
ZONING:
R-3

DOWNLOAD BROCHURE




See More Listings in New Franklin

OUR NETWORK IS YOUR EDGE