Building Details

Buildings 5

Listing Agency: Waller Group Homes l***@loganwaller.com Show Phone

Listed By: Logan Waller · License #TX 0479147

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 3:26PM

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Investment Insights

Based on property information with market context.

This multifamily property includes five buildings: four apartment buildings with eight units each and a separate storage building. Buildings A, B, and C contain one-bedroom apartments, while Building D offers two-bedroom units. The property is 93.8% occupied, and the storage building contains 10 units, including one 10' x 20' office currently in use. All storage units are rented.

Building improvements include new roofs on Buildings B and C completed in 2021, a partial roof replacement on Building D completed in April, and roofs on Building A and the storage building installed 8 years ago. Recent ownership improvements also include new windows. The property is located at 293 S Maple St in Orwell, Ohio, within Ashtabula County and approximately 50 miles northeast of Cleveland.

Key Highlights

• 32 units across four multifamily buildings, with 8 units in each building
• 93.8% occupied multifamily property
• Unit mix includes one‑bedroom apartments in Buildings A, B, and C and two‑bedroom units in Building D

Property Analytics

Property Profile

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage Auto Repair Shop HVAC Service Electrical Service

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

Lease Details

32

Residential units

93.8%

Occupancy

Location Intelligence

Trade Area within ½ mile

74

Businesses Nearby

Explore this area Business Placement

Demographics for 44076, OH

5,313

Population

2,171

Households

2.4

Avg Household Size

33

Median Age

10%

College-Educated

77%

High-School Grad

68.2 sq mi

ZIP Area

78

Density / Sq Mi

$53,512

Median Household Income

$39,457

Median Earnings

$772

Median Rent

$163,000

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Stabilized multifamily property with varied unit layouts, on-site storage, and recently updated building components.

Where is this apartment building located?

The property is located at 293 S Maple St Orwell, OH.

What are key features of this property?

This property features: 32 units across four multifamily buildings, with 8 units in each building; 93.8% occupied multifamily property; Unit mix includes one‑bedroom apartments in Buildings A, B, and C and two‑bedroom units in Building D