Listing Agency: Superior PLUS Realtors g***@superiorrealtors.com Show Phone

Listed By: Greg Butcher · License #OH 0000324616

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:29AM

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Investment Insights

Based on property information with market context.

This multifamily property at 1295 Pebble Creek Dr in Lima, Ohio has operated as HUD housing for people with disabilities in Allen County since 1986. The property is offered for sale and has been used within a HUD housing program over that period.

The current Section 8 term is scheduled to end in 2026. Additional property information is available upon request.

Key Highlights

• HUD housing operation serving people with disabilities in Allen County since 1986
• Section 8 term scheduled to end in 2026
• Located at 1295 Pebble Creek Dr, Lima, OH 45801

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Hair Salon Restaurant Spa & Massage Center Nail Salon Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

59

Businesses Nearby

Explore this area Business Placement

Demographics for 45801, OH

22,819

Population

9,351

Households

2.4

Avg Household Size

38

Median Age

12%

College-Educated

90%

High-School Grad

45.7 sq mi

ZIP Area

499

Density / Sq Mi

$47,442

Median Household Income

$33,224

Median Earnings

$865

Median Rent

$111,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - The property has operated as HUD housing for people with disabilities since 1986.

Where is this multifamily property located?

The property is located at 1295 Pebble Creek Dr Lima, OH.

What are key features of this property?

This property features: HUD housing operation serving people with disabilities in Allen County since 1986; Section 8 term scheduled to end in 2026; Located at 1295 Pebble Creek Dr, Lima, OH 45801