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291 E Broadway St Toledo, OH 43605

For Sale
$162,000

Part of 82-unit portfolio with high occupancy and income.

Lot size:
0.20 Acres

Property Features for 291 E Broadway St

General Information

Interior features
Interior Feature 1, : "Forced Air", "Interior Feature 2": "Natural Gas", "Interior Feature 3": "Water Heater"
Exterior features
exterior_features, : ["Electricity Connected", "Electricity Available", "Shingles"]
Lot size
0.20 Acres

Building Details

Year built
1913

Source: Rylan Realty Group Ltd Agent Matt Strehl

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


Overview

Toledo Investment Property Portfolio Opportunity

This property is offered as part of an 82-unit portfolio, featuring a 95.1% occupancy rate and a net operating income of $541,000. The in-place capitalization rate is 8.0%, with a pro forma capitalization rate of approximately 10.5%. The entire portfolio is listed for $6.76 million. Alternatively, the 82-unit portfolio can be acquired in one of five suggested sub-portfolios. The sub-portfolio including this property contains 1371 Felt, 705 Nicholas, 1508 Albert, 2050 Berdan, 4139 Walker, 323 Champion, 1441 Prouty, 1531 Freedom, 220 E. Pearl, 270 Valleywood \/ 1525 Kelsey (corner duplex), 44 Greenwood (duplex), 3855 Revere (duplex), and 291-295 E. Broadway (triplex) for $1.22M.
Location Intelligence

Current Use by Public Records

AWA Total Home ... Interior Construction Contractor

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Toledo
County
Wood
State
Ohio
Longitude
-83.5157753
Latitude
41.6460289

FAQs

What type of property is this?
Apartment building - Part of 82-unit portfolio with high occupancy and income.
Where is this apartment building located?
The property is located at 291 E Broadway St Toledo, OH.
What is the asking price?
The asking price for this property is $162,000.
What are key features of this property?
This property features: - In-place cap rate of 8.0%.; - High occupancy rate of 95.1%.; - Net Operating Income (NOI) of $541K.
More about this property
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