Fully Rented Portfolio for sale in Toledo, OH

3 Replies

Selling Real Estate Portfolio in Toledo, OH.

Total Monthly Rent: $5860

Price: $391,500

Portfolio (7 units) is fully rented with a Property Manager in place that works exclusively on these units (local born and raised). The Property Manager will continue to service the portfolio if requested. All properties are located in two target areas within the city: Washington Local Schools (the preferred school district) or next to University of Toledo (great rental income). Cash buyer preferred. For tax purposes, the target property close date is early Jan 2018.

1732 Evansdale Ave, Toledo, OH 43607 (Duplex) - Upper 3 BR, 1 BA, Rent $725; Lower 3 BR 1 BA, Rent $695 (next to University of Toledo)

822 Brookley Dr,Toledo, OH 43607 - 3 BR, 1 BA, Rent $795 (next to University of Toledo)

5033 Clover Ln, Toledo 43623 - 3 BR, 1 BA, Rent $950 (Washington Local School District)

5081 Vogel Dr, Toledo, OH 43613 - 3 BR 1 BA, Rent $950 (Washington Local School District)

242 E Northgate Dr, Toledo, OH 43612 - 3 BR, 1 BA, Rent $850 (Washington Local School District)

2049 Perth St, Toledo, OH 43607 - 3 BR 1 BA, Rent $895 (next to University of Toledo)

Please private message with questions or inquiries. Thank you for the interest. 

Updated over 1 year ago

All properties currently rented. Tenants pay all utilities.

Updated over 1 year ago

Annual Taxes: Vogel - $1935 Northgate - $1546 Clover - $865 Brookley - $845 Evansdale - $1643 Perth - $1098

@Steve Simar  Hey Steve!  This is the portfolio I was telling you about the other day.  My neighbor, who lives in Raleigh, is selling the rentals in his wife's home state of OH.

Dawn or Brandon - if you know of multifamilies in Raleigh (NOT Toledo!) let me know. Of particular interest are B/C garden apartments inside the Beltway with renovation/repositioning opportunities. I know there is much demand for them.

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