755 Broadway Ave Bedford, OH 44146
11-Unit Value-Add Multifamily Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Exceptional value-add multifamily investment opportunity in Bedford, Ohio's historic district.
- Three-story, 6,167 sq ft building with 11 units (6 residential, 5 office) offering significant upside potential.
- Recent capital improvements include a new roof (2023), new parking lot (2021), and upgraded mechanical systems.
- 0.34-acre lot, commercially zoned; currently 7% occupied, 7.41% cap rate, pro-forma 12.52% cap rate.
- Asking price: $599,000 ($54,455/unit, $97.13/sq ft); Cuyahoga County APN 812-13-025.
Property Details for 755 Broadway Ave
- Property type
- Apartment buildings
- Square Feet
- 6,167 SF
- Class
- B
- Year Built/Renovated
- 1888/1980
- Buildings
- 1
- Stories
- 3
- Lot Size (sq. ft)
- 14,810 SF
- Units
- 11
Location Insight
- City
- Bedford
- County
- Cuyahoga
- State
- Ohio
- Latitude
- 41.3903457
- Longitude
- -81.5334707
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 11-Unit Value-Add Multifamily Investment
- Where is the apartment building located?
- The property is located at 755 Broadway Ave Bedford, OH.
- What is the asking price?
- The asking price for this property is $599,000.
- What are key features of this property?
- This property features: Exceptional value-add multifamily investment opportunity in Bedford, Ohio's historic district.; Three-story, 6,167 sq ft building with 11 units (6 residential, 5 office) offering significant upside potential.; Recent capital improvements include a new roof (2023), new parking lot (2021), and upgraded mechanical systems.
- How can I contact the broker?
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