Bridge Partners, Inc. Investment Real Estate Properties in Columbus & Cleveland, Ohio

Avon Oaks

Offering Summary

Avon Oaks Apartments are located in Warren, OH. The property is in excellent physical condition and has recently undergone a complete property renovation. Now that the renovations are complete and the property is better than before, the lease up is almost complete. Numerous improvements include completely rehabbed suites, including new carpet, ceramic tile flooring in kitchens and bathrooms, new kitchen cabinets, new appliances, and new air conditioning units throughout. The exteriors of the buildings have received new concrete walkways, new roofs, new windows, new boilers, and offer great expense efficiencies.

All of the washing machines and dryers located within the nine different laundry facilities are owned by the complex and will be transferred with the offering. The property is now nearing the end of its lease up activity after the complete renovations.

Additional Property Highlights:
- Tenants pay for their own electric
- The 36 one-bedroom units have individual FHA units installed, sub-metering could be accomplished
- Owner pays for water and sewer
- Ample off street parking in newly resurfaced parking lots
- Semi-private entrances.

Submarket Overview

In the late fall of 1798, Ephraim Quinby bought 441 acres of land from the Connecticut Land Company and named that land after Moses Warren, surveyor of the Western Reserve. Soon after the town was plotted, four acres were set aside in the center of the community to be used as the village square, and still exist as historic Courthouse Park to this day. Today, the City of Warren and Trumbell County have diversified their interests in the manufacturing industry, are more closely in step with national employment trends, and look confidently toward promoting growth and development into the twenty first century. The property is centrally located within Warren , OH and offers residents easy access to retail and entertainment venues.