970 Main StMarion, OH 43302
- Apartment buildings
Property Details for 970 Main St
- Year built
- 9999
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a portfolio of 96 single-family rental units located in Marion, Ohio, within a 2-3 mile radius. The property boasts a strong 89% occupancy rate, generating a substantial annual gross rent of $971,663. The units are primarily situated at 970 N Main Street, Marion, OH 43302 (40.6065775, -83.1298847). The portfolio comprises a mix of apartment building types, including duplexes, triplexes, and quadplexes. Many units feature newer roofs, updated exteriors, and modernized mechanical systems, indicating a commitment to property maintenance and potential for increased rental income. Significant growth potential exists due to the current high occupancy and the opportunity for further rent increases. Detailed rent rolls are available upon request. All utilities are paid by tenants. Serious inquiries only; please do not disturb tenants. The asking price for this lucrative investment is $13,650,000. The lot size is not specified. The year built is not available.
Location Insight
- City
- Marion
- County
- Marion
- State
- Ohio
- Latitude
- 40.6066
- Longitude
- -83.1299
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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