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    1601 Brooke Park Dr Toledo, OH 43612

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    For Sale
    $100,000

    Five apartment buildings with 40 units, 93% occupancy.

    Lot size:
    0.45 Acres

    Property Features for 1601 Brooke Park Dr

    General Information

    Lot size
    0.45 Acres
    Exterior features
    exterior_features, : ["Cable Connected", "Sewer Connected", "Internet Connected", "Water Connected", "Electricity Connected", "Shingles"]
    Interior features
    Interior Feature 1, : "Baseboard", "Interior Feature 2": "Electric", "Interior Feature 3": "Window Unit(s)", "Interior Feature 4": "Electric Cooktop", "Interior Feature 5": "Electric Oven", "Interior Feature 6": "Electric Range", "Interior Feature 7": "Refrigerator"

    Building Details

    Year built
    1971

    Source: Beth Rose Real Estate & Auctio Agent Beth A. Rose

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Toledo Multifamily Investment Opportunity

    This offering presents an investment opportunity featuring five professionally managed apartment buildings, each containing 8 units, totaling 40 units in a West Toledo location. The properties maintain a 93% occupancy rate, with 37 of the 40 units currently rented. Each building ranges from 6,000 to 7,000 square feet and includes a mix of one- and two-bedroom units, ranging in size from approximately 620 to 870 square feet. Many units have been remodeled.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.5835942
    Latitude
    41.7284294

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    FAQs

    What type of property is this?
    Apartment building - Five apartment buildings with 40 units, 93% occupancy.
    Where is this apartment building located?
    The property is located at 1601 Brooke Park Dr Toledo, OH.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - Exceptional multi-family investment opportunity with 40 units in one location.; - Strong 93% occupancy rate (37 of 40 units currently rented) for stable income.; - Five professionally managed apartment buildings.
    Request Owner's contact information
    1601 Brooke Park Dr Toledo, OH 43612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Brooke Park Dr Toledo, OH 43612
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