Courtesy of: Christopher M Shea, Keller Williams Consultants, chrisshea@kw.com
Courtesy of: Christopher M Shea, Keller Williams Consultants, chrisshea@kw.com
$4,195,000
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Lot: 0.25 Acres
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Other
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$4,195,000
132 E George Street Recently updated, well maintained and managed Marion, Ohio portfolio of 46 units plus a laundromat and garage. The portfolio consists of 15 unit complex (a 6 unit, a 5 unit, 2 doubles, a laundromat, and a 3000 sf storage garage) 10 additional doubles, and 11 single family homes. All properties have been updated over the past 4 years. Self managed using Tenant Cloud system for landlord and tenant processes and easy online payments. Laundry provides additional income and garage currently used as storage for owner could also be rented for extra income. All units have similar upgrades with same paint scheme, LVP flooring, etc. for ease of maintenance. 8.4% cap rate with $380, 000+ NOI. Properties are in high demand with strong tenants and 97% occupancy. Great turnkey portfolio!
Courtesy of: Christopher M Shea, Keller Williams Consultants, chrisshea@kw.com
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