Listed by SVN Ascension Commercial Realty
$700,000
4847 Wickford Dr E
Details
APN 8230474
Property Type Multifamily
Sub Type Low-Rise/Garden
Square Footage 8,400
Units 4
Cap Rate 4.85%
NOI $33,934
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 7.06%
Pro-Forma NOI $49,339
Year Built 1965
Buildings 1
Stories 2
Acreage 0.340
Zoning R-3 Multiple Dwelling Medium Density District
Parking Spaces 8 spaces
Parking Per SqFt 0.95
Ceiling Height 8-10'
4-Unit Multifamily Apartment | Available Individually Or As Part Of A Multi-Asset Portfolio
Marketing description
8,400 SF multifamily property for sale in the heart of Sylvania, Ohio. Comprised of two 2,200 SF 3 bed 1.5 bath units and two 2,000 SF 2 bed 1.5 bath units Fully occupied with all tenants currently on month-to-month leases. Located 1.5 miles from US-23 South interchange and just southwest of Toledo Flower Hospital.
Investment highlights
- In Unit Laundry Hookups
- Walk-out basement patio
- Pet Friendly
- Refrigerator, Microwave, Dishwasher, Stove/Oven per Unit
- 8 Paved Surface Level Parking Spaces
- Individually Metered Units
- R-3 Zoning
- No showings until an offer is accepted.
- Offers due Friday, May 22.
- Please include signed Lead Paint Disclosure and Residential Seller Property Disclosure forms with your offer.
Listing Contacts
Listed by SVN Ascension Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,934.00
$2,827.83/mo
Valuation Metrics
0
DSCR
4.85%
Cap Rate
4.85%
ROI
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