Log In/Sign Up
Your email has been sent.
25 Unit Fully Occupied Portfolio! 1 Specialty Properties Offered at $2,686,320 CAD in Lorain, OH



Investment Highlights
- Fully Occupied!
- 18 Units Section 8!
- $28k Per Month In Gross Rent AS-IS!
Executive Summary
Turnkey 25-Unit Residential Portfolio | 100% Occupied | Currently Grossing $28K/Month | Lorain County, OH
An exceptional opportunity to acquire a fully-occupied, 25-unit residential portfolio across Lorain County, Ohio, currently generating approximately $28,000 per month (~$334,000 annually) in in-place rent. This is real, collected income — not projected — from a stabilized, cash-flowing asset ready to perform from day one.
The portfolio spans 15 properties across Lorain, Elyria, and Euclid, offering a diversified scattered-site footprint with no single-vacancy concentration risk. The unit mix includes 8 single-family homes, 5 duplexes, 1 triplex, and 1 quadplex — a balanced blend of asset types under one ownership.
Investment Highlights:
100% occupied — all 25 units leased and paying, with stabilized in-place income and no lease-up required
~$28,000/month gross rent (~$334K/year) currently being collected
Section 8 stability — 18 of 25 units are voucher-backed through the local Housing Authority, with roughly 60% of collections government-paid and highly reliable
Diversified across 15 properties and 3 cities, reducing vacancy and concentration risk versus a single building
Ongoing capital investment — many of the units have received various updates over the last 5–7 years; a full property-by-property improvement history is available to qualified buyers
One clean transaction — acquire 25 doors and instant scale in a single, simple closing
Priced at $1,950,000 — approximately $78,000 per unit
With durable, largely government-backed cash flow, a diversified asset base, and a straightforward path to ownership, this portfolio is ideally suited for a cash-flow-focused investor seeking scale in an affordable, landlord-friendly Northeast Ohio market.
An exceptional opportunity to acquire a fully-occupied, 25-unit residential portfolio across Lorain County, Ohio, currently generating approximately $28,000 per month (~$334,000 annually) in in-place rent. This is real, collected income — not projected — from a stabilized, cash-flowing asset ready to perform from day one.
The portfolio spans 15 properties across Lorain, Elyria, and Euclid, offering a diversified scattered-site footprint with no single-vacancy concentration risk. The unit mix includes 8 single-family homes, 5 duplexes, 1 triplex, and 1 quadplex — a balanced blend of asset types under one ownership.
Investment Highlights:
100% occupied — all 25 units leased and paying, with stabilized in-place income and no lease-up required
~$28,000/month gross rent (~$334K/year) currently being collected
Section 8 stability — 18 of 25 units are voucher-backed through the local Housing Authority, with roughly 60% of collections government-paid and highly reliable
Diversified across 15 properties and 3 cities, reducing vacancy and concentration risk versus a single building
Ongoing capital investment — many of the units have received various updates over the last 5–7 years; a full property-by-property improvement history is available to qualified buyers
One clean transaction — acquire 25 doors and instant scale in a single, simple closing
Priced at $1,950,000 — approximately $78,000 per unit
With durable, largely government-backed cash flow, a diversified asset base, and a straightforward path to ownership, this portfolio is ideally suited for a cash-flow-focused investor seeking scale in an affordable, landlord-friendly Northeast Ohio market.
Property Facts
| Price | $2,686,320 CAD | Number of Properties | 2 |
| Price / SF | $1,499 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 1,792 SF |
| Status | Active | Total Land Area | 0.17 AC |
| Price | $2,686,320 CAD |
| Price / SF | $1,499 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 1,792 SF |
| Total Land Area | 0.17 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1412 Massachusetts Ave, Lorain, OH 44052 | Specialty | 1,792 SF | 1979 | - |
1 1
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
25 Unit Fully Occupied Portfolio!
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
