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34491516
34528109

769 Sunset Boulevard, Mansfield, OH 44907 For Sale

PP
OH 2019001505
Dream Huge Realty LLC
Listed by Dream Huge Realty LLC
$7,500,000
3 days on market
Updated 1 day ago

769 Sunset Boulevard

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 83,952
Units 96
Cap Rate 3.99%
NOI $299,110
Occupancy 94.8%
Tenancy Multi
Price per SqFt $89
Class C
Year Built 1968
Year Renovated 2025,2026
Buildings 12
Acreage 6.940
Zoning MULTI FAMILY
Parking Spaces 2 per unit
Investment Type Stabilized

12 BUILDINGS - 97 UNITS

Marketing description

The property features a desirable unit mix of 24 one-bedroom/one-bath, 49 two-bedroom/one-bath, and 24 three-bedroom/one-bath apartments, appealing to a broad tenant base. Many units have been updated with durable luxury vinyl plank flooring and each apartment includes washer/dryer hookups plus a private patio or balcony. Residents enjoy beautifully maintained, lush landscaping that enhances curb appeal and community appeal. With strong rental demand, attractive amenities, and value-add potential, Sunset Blvd Apartments offers an outstanding opportunity for investors seeking stable cash flow and long-term appreciation. Appraised for $7.2m in 2023.

Investment highlights

Exceptional opportunity to acquire the Sunset Blvd Apartments, a well-maintained 97-unit multifamily community in a highly convenient location.

Listing Contacts

PP
OH 2019001505
Dream Huge Realty LLC
Listed by Dream Huge Realty LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$299,110.00
$24,925.83/mo

Valuation Metrics

0
DSCR
3.99%
Cap Rate
3.99%
ROI

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Additional Information

Name
Peter Peterson
License
2019001505
Brokerage Phone
4195288260
Brokerage Address
1336 Park Avenue West
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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