Turnkey 12-Unit Apartment
For Sale
Contact for pricing
Pending
16021 Dunbury Dr, Maple Heights, OH 44137
Turnkey 12-unit corner apartment building with 10 outdoor parking and 10 garage spaces, currently 100% occupied.
Property SizeContact for details
Days on Market142
Property Features for 16021 Dunbury Dr
General Information
Standard status
Pending
Total Parking Spaces
20
Property subtype
Special Purpose
Occupancy
100%
Additional Details
Multifamily Units
12
Listing Agency:
CENTURY 21 HomeStar
(216) 387-3204
Listed By:
Linas Muliolis · License #OH
Source:
Crexi
Added: Apr 12
Changed: Aug 21
Last Checked: Aug 29 at 5:57PM
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 CENTURY 21 HomeStar
Investment Insights
Based on property information with market context.
Turnkey 12-unit corner apartment building featuring a mix of one- and two-bedroom units. The property includes outdoor parking for 10 vehicles and 10 garage spots, with the possibility of two additional garage spaces currently used by the landlord. Reported improvements include a silicone roof recoat completed two years ago, a newly installed aluminized steel garage roof, and a boiler that was completely rebuilt last year. Current gross operating income is reported at $99,662 with the property listed as 100% occupied.
The building is located on Dunbury Drive at the corner of Dunbury and Lee in Maple Heights, Ohio. The public remarks note it is easy to rent, with the seller spending no money on advertising.
The offering details include 6 two-bedroom units rented at $735 per month each, 2 two-bedroom units rented at $700 each, and 4 one-bedroom apartments rented between $575 and $615 per month.
The building is located on Dunbury Drive at the corner of Dunbury and Lee in Maple Heights, Ohio. The public remarks note it is easy to rent, with the seller spending no money on advertising.
The offering details include 6 two-bedroom units rented at $735 per month each, 2 two-bedroom units rented at $700 each, and 4 one-bedroom apartments rented between $575 and $615 per month.
Key Highlights
- Turnkey 12‑unit corner apartment building at the corner of Dunbury and Lee in Maple Heights, OH
- Currently 100% occupied; six 2BR units at $735/month, two 2BR units at $700/month, and four 1BR units at $575–$615/month
- Gross operating income is $99,662 with 2020 operating expenses of $39,768
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 44137, OH
23,759
Population
10,076
Households
2.4
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
4,569
Density / Sq Mi
$52,990
Median Household Income
$34,690
Median Earnings
$1,322
Median Rent
$89,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey 12-unit corner apartment building with 10 outdoor parking and 10 garage spaces, currently 100% occupied.
Where is this apartment building located?
The property is located at 16021 Dunbury Dr Maple Heights, OH.
What are key features of this property?
This property features: Turnkey 12‑unit corner apartment building at the corner of Dunbury and Lee in Maple Heights, OH; Currently 100% occupied; six 2BR units at $735/month, two 2BR units at $700/month, and four 1BR units at $575–$615/month; Gross operating income is $99,662 with 2020 operating expenses of $39,768
