Offering Summary
Presenting 2 apartment complexes which are fully occupied, each with 6 units. Each building hosts spacious apartment units of which all are 2-bedrooms suites.
These apartments sit on a residential street and have been fully updated. The property offers 2 covered garage parking spaces for each unit along with ample surface parking directly behind the buildings. All units are individually metered for electric.
Submarket Overview
Located in Boardman, OH, a suburb of Youngstown, OH. The property is within close proximity to the hospital, convenience shopping, restaurants and entertainment venues and offers convenient highway access.
Submarket Demographics |
| Submarket Population: | 94,647 |
| Renter Occupied Housing: | 24.54% |
| Submarket Trend: |
 Up
|
Property Facts |
| Location: | 8150 Tod Ave, Boardman, OH |
| Number of Units: | 12 |
| Offering Price: | $399,900 |
| |
| Net Operating Income: | $34,398 |
| Cap Rate: | 8.60% |
| Building Occupancy: | 100% |
| Year Built: | 1972 |
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| Unit Mix: |
| Units | Type |
Avg. Rent |
| 12 | 2 Bedroom | $500 |
|
