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2410 Nebraska Avenue

Toledo, OH 43607
  • $940,000
  • STATUS: Active
  • ON SITE: 503 Days
  • MLS #: 220018014
UPDATED: 12 min ago
$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.

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© 2021 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 Jamie Maze Real Estate Group | RE/MAX Affiliates. Data last updated: 2021-10-26T20:51:33.907.
www.jamiemaze.com/homes/106685882
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2410 Nebraska Avenue Toledo, OH 43607

  • Price: $940,000
  • Status: Active
  • Updated: 12 min ago
  • 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


© 2021 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 Jamie Maze Real Estate Group | RE/MAX Affiliates. Data last updated: 2021-10-26T20:51:33.907.
 
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Jamie Maze Real Estate Group | RE/MAX Affiliates
570 N State St, Suite 110
Westerville OH, 43082