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    2410 Nebraska Avenue

    Toledo, OH 43607
    • $940,000
    • STATUS: Active
    • ON SITE: 167 days
    • MLS #: 220018014
    $940,000
    • 0
      BEDS
    • 5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,968
      SQFT
    • $189
      $/SQFT
    Type:
    Commercial
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Description

    Great opportunity! 60 Unit Mobile home park near The University of Toledo. Streamlined expenses running a monthly average around 5900. With a current occupancy rate just under 50%, and monthly NOI around 6900, the cap rate is around 8.8%, with plenty of room for growth and profit.Rents have not been raised in years and can immediately be brought up to market value. Most trailers are tenant owned limiting owner liability.Property also has 3 apartments and an office building with an onsite laundry room.

    Monthly Payment Calculator



    © 2020 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Metro Plus. Data last updated: 2020-11-23T23:51:34.887.
    www.searchhomescolumbus.com/homes/106685882
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    2410 Nebraska Avenue Toledo, OH 43607

    • Price: $940,000
    • Status: Active
    • MLS #: 220018014
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5
    Acres
    4,968
    SQFT
    $189
    $/SQFT
    1948
    Built
    County:
    Lucas
    Area:
    Toledo
    Property Description
    Great opportunity! 60 Unit Mobile home park near The University of Toledo. Streamlined expenses running a monthly average around 5900. With a current occupancy rate just under 50%, and monthly NOI around 6900, the cap rate is around 8.8%, with plenty of room for growth and profit.Rents have not been raised in years and can immediately be brought up to market value. Most trailers are tenant owned limiting owner liability.Property also has 3 apartments and an office building with an onsite laundry room.
    Exterior Features

    Docks 0.00 Drive In Doors 0.00

    Interior Features

    Bldg Sq Ft 0.00 Floors Above Ground 0.00 Max Cont Sqft Avail 4968.00 Minimum Sq Ft Available 0.00

    Property Features

    Auction No Between Street1 Douglas Rd Between Street2 Polonia Ct Commercial Sub Type Other Com Corp Limit Per Auditor Toledo For Exchange No For Lease No For Sale Yes Tax District 18 Tax Year 2019 Taxes Yearly 8252.00 Township None

    Listing provided courtesy of Ashley J Thomas of Take A Look Realestate Brokers


    © 2020 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Metro Plus. Data last updated: 2020-11-23T23:51:34.887.
     
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    RE/MAX Metro Plus
    502 S. 3rd St.
    Columbus OH, 43215