DESCRIPTION

Rarely available 48 unit apartment community on nearly 5 acres in Mentor, OH. Six buildings consist of an outstanding unit mix of (36) two and (12) three bedroom homes each with bath and a half and individual HVAC. Townhome style units feel like a home...not an apartment. Each unit also has washer/dryer hookups and full appliance kitchens include Refrigerator, Range and Dishwasher. Complex is very private accessed by a private drive with plenty of parking (96 surface spots and 48 carports), a swimming pool (operational) with men's and women's restrooms, leasing office and playground. There is also a garage/shop room for maintenance equipment. Rent Roll and Expenses available upon request. QUALIFIED BUYERS ONLY PLEASE.

KEY DETAILS
  • Price:
  • $5,280,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • 52,224
  • Acreage:
  • 4.90
  • Year Built:
  • 1969
  • MLS #:
  • 4398066
  • Street Address:
  • 7155 Hart St
  • City:
  • Mentor
  • State:
  • OH
  • Postal Code:
  • 44060
  • County:
  • Lake
  • Subdivision:
  • Woodland Glen
  • Listing Status:
  • For Sale - Pending

Building

  • Approximate Total Liveable Area:
  • 52224
  • Finished Above Ground Square Footage:
  • 52224
  • Foundation:
  • Slab
  • Number Of Floors In Unit:
  • Two
  • Stories:
  • 2
  • Stories:
  • 2
  • Total Building Square Footage:
  • 52224
  • Type Of Roof:
  • Asphalt, Fiberglass, Pitched
  • Year Built:
  • 1969
  • Year Built Description:
  • Actual Ybt

Business

  • Net Operating Income:
  • 298814

Land

  • Approximate Lot Size Range Source:
  • Public Records
  • Lot Size:
  • 4.9

Listing

  • Days On Market:
  • 129
  • On Market Date:
  • 2022-08-05
  • Originating Mls:
  • Yes-Mls
  • Terms:
  • Assumable, Conventional, Land Contract

Money

  • Owner Pays:
  • Sewer, Trash Collection, Water
  • Ownership:
  • Principal/Nr
  • Tenant Pays:
  • Cable Tv, Electricity, Gas

Structures

  • Parking Description:
  • Assigned, Covered, Driveway, On Site, Private

Systems

  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Forced Air, Gas
  • Sewage Type:
  • Public Sewer

Source

  • Listing Provided By: Chris M Matan with EXP Realty

    The listing information herein is provided through the MLS IDX database. Information is deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of NEOHREX.


    OHMLSNOW
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NOTES

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