Saxon Cove Apartments

19 Unit Apartment Building | $1,650,000 ($86,842/Unit) | 8.29% Cap Rate | Toledo, OH 43606

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,650,000

Property Type
Multifamily
Square Feet
26,448 SF

Listing Contacts

Deno Bistolarides
Deno Bistolarides
Verified Profile
Kaleb Rupp
Kaleb Rupp
Verified Profile
Hunter Rupp
Hunter Rupp
Verified Profile
  • Property Info

Property Overview

20 Unit Multifamily Property Located Just 3-Miles From Downtown Toledo, OH
Many Tenants Have Agreed to 2-Year Lease Terms |Provide Long Term Stability | Rarely Found In Multifamily Assets
Excellent Demographics | A Total of 118,000+ Within a 3-Mile Radius
Minutes from ProMedica Toledo Hospital and Medical Campus | 794-Bed Hospital and 1 of 2 Level 1 Trauma Facilities in Toledo, OH
Across the Street From Ottawa Park | One of The Largest Toledo Metroparks 
Opportunity to Increase Revenue | Current Landlord Pays All Utilities

Property Details

Class
C
Year Built
1963
Stories
4
Lot Size (sq. ft)
43,560 SF
Units
19

Highlights

  • 20 Unit Multifamily Property Located Just 3-Miles From Downtown Toledo, OH
  • 100% Occupied | Completely Stabilized For Consistent Cash Flow
  • Many Tenants Have Agreed to 2-Year Lease Terms | Provide Long Term Stability | Rarely Found In Multifamily Assets
  • Excellent Demographics | A Total of 118,000+ Within a 3-Mile Radius
  • Minutes from ProMedica Toledo Hospital and Medical Campus | 794-Bed Hospital and 1 of 2 Level 1 Trauma Facilities in Toledo, OH
  • Across the Street From Ottawa Park | One of The Largest Toledo Metroparks 

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