Class B/C Apartment
For Sale
Contact for pricing
4137 Secor Road, Toledo, OH 43623
Well maintained Class B and C apartment portfolio with common design, construction, and three floor plans.
Property SizeContact for details
Days on Market122
Property Features for 4137 Secor Road
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Reichle | Klein Group
Listed By:
Tony Plath · License #OH 0000277590
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 10:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reichle | Klein Group
Investment Insights
Based on property information with market context.
This offering presents a portfolio of Class B and C apartment assets that have been maintained over the long term by the original developer, with stable, consistent management and maintenance across the buildings. The portfolio consists of common-design and common-construction buildings, with only three floor plans utilized throughout, supporting operational simplicity.
The properties are positioned to serve the target renter pool in Toledo, Ohio, and are described as well located for that purpose. The seller’s history of conservative rent increases is noted, and rents in the portfolio generally lag the market. For an investor seeking a scale-oriented entry point, the combination of consistent operations, uniform building approach, and limited floor plan variety is intended to reduce surprises while streamlining property oversight.
The properties are positioned to serve the target renter pool in Toledo, Ohio, and are described as well located for that purpose. The seller’s history of conservative rent increases is noted, and rents in the portfolio generally lag the market. For an investor seeking a scale-oriented entry point, the combination of consistent operations, uniform building approach, and limited floor plan variety is intended to reduce surprises while streamlining property oversight.
Key Highlights
- Class B and C apartment portfolio in Toledo, Ohio with stable, consistent management and maintenance since inception
- Original developer operated the portfolio long term, providing continuity in staffing and operations
- Portfolio of well maintained apartment buildings with common design and construction
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
Explore this area
Business Placement
Demographics for 43623, OH
20,320
Population
10,056
Households
2
Avg Household Size
43
Median Age
31%
College-Educated
93%
High-School Grad
6.7 sq mi
ZIP Area
3,033
Density / Sq Mi
$65,908
Median Household Income
$40,496
Median Earnings
$933
Median Rent
$167,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well maintained Class B and C apartment portfolio with common design, construction, and three floor plans.
Where is this apartment building located?
The property is located at 4137 Secor Road Toledo, OH.
What are key features of this property?
This property features: Class B and C apartment portfolio in Toledo, Ohio with stable, consistent management and maintenance since inception; Original developer operated the portfolio long term, providing continuity in staffing and operations; Portfolio of well maintained apartment buildings with common design and construction
