For Sale
$847,000
710 Main St Lima, OH 45801
HUD Property: High Cap Rate, Excellent ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- HUD-subsidized Section 8 contract extending through 2033.
- 9,940 SF single-story building in Lima, OH.
- 100% occupancy as of July 31, 2024, generating $74,000 NOI.
- Asking price: $847,000 ($85.21/SF, $847,000/unit), 8.74% cap rate.
- Located at 710 N Main St, Lima, OH 45801 (APN: 37-3012-10-024.000).
Property Details for 710 Main St
- Property type
- Specialty properties
- Square Feet
- 9,940 SF
- Year Built
- 1993
- Buildings
- 1
- Stories
- 1
- Units
- 1
Location Insight
- City
- Lima
- County
- Allen
- State
- Ohio
- Latitude
- 40.748130352257
- Longitude
- -84.104406343653
Nearby Similar for Sale
FAQs
- What type of property is this?
- Specialty property - HUD Property: High Cap Rate, Excellent ROI
- Where is the specialty property located?
- The property is located at 710 Main St Lima, OH.
- What is the asking price?
- The asking price for this property is $847,000.
- What are key features of this property?
- This property features: HUD-subsidized Section 8 contract extending through 2033.; 9,940 SF single-story building in Lima, OH.; 100% occupancy as of July 31, 2024, generating $74,000 NOI.
- How can I contact the broker?
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