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31501 N Marginal Dr - Bayridge Condominium 6 Unit Apartment Building Offered at $820,980 CAD Willowick, OH 44095
Investment Highlights
- Tenants pay all utilities
- Stabilized portfolio with rent upside-market rents $1400-$1600 for three bedroom units
- HOA present, so minimal/low owner management duties
Executive Summary
Prime Six-Unit Multifamily Investment Opportunity – Stabilized Portfolio with Upside. This well-maintained six-unit multifamily property presents an excellent investment opportunity with stable occupancy and strong rental upside. Each spacious 3- bedroom, 1.5-bath unit offers approximately 1,200 square feet of living space, totaling 7,200 square feet across the property.
Property Facts
| Price | $820,980 CAD | Building Size | 7,200 SF |
| Price Per Unit | $136,830 CAD | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 6 | Year Built | 1978 |
| Property Type | Multifamily |
| Price | $820,980 CAD |
| Price Per Unit | $136,830 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 7,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 6 | - | 1,200 |
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Property Taxes
| Parcel Number | 28-A-040-H-01-009-0 | Improvements Assessment | $36,369 CAD |
| Land Assessment | $2,066 CAD | Total Assessment | $38,436 CAD |
Property Taxes
Parcel Number
28-A-040-H-01-009-0
Land Assessment
$2,066 CAD
Improvements Assessment
$36,369 CAD
Total Assessment
$38,436 CAD
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31501 N Marginal Dr - Bayridge Condominium
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