Six-Unit Apartment
8236 Stadler Ave., Boardman, OH 44512
For Sale
Contact for pricing
Commercial-zoned multifamily asset near medical, retail, dining, and regional highway access.
Property Size6,150 SF
Price / SF$96.91
Days on Market99
Property Features for 8236 Stadler Ave.
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Investment Type
Net Operating Income
Site & Location
Highway Access
Road Access
Additional Details
Multifamily Units
Building Details
Year Built
Buildings
Units
Tenancy
Listing Agency:
CENTURY 21 Lakeside Realty
Listed By:
Dawn Nicholas · License OH C2001014344
(330) 565-1085
Source:
Crexi
Added: Aug 5
Changed: Nov 9
Last Checked: Nov 10 at 5:57AM
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 Lakeside Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,150-square-foot apartment property contains six units and was built in 1979. The building is classified for Commercial zoning and reports 95% occupancy, providing an established rental profile for an apartment investor.
The property is situated on Stadler Ave. in Boardman, Ohio, with access to McClurg Road and proximity to the Boardman medical district, a local hospital, restaurants, shopping, and major highways.
The property is situated on Stadler Ave. in Boardman, Ohio, with access to McClurg Road and proximity to the Boardman medical district, a local hospital, restaurants, shopping, and major highways.
Key Highlights
- Six‑unit apartment building with 6,150 SF
- 95% occupied
- Built in 1979
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,163
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,260
$763.3K
Cap Rate 7%
$545,186
$545.2K
Cap Rate 9%
$424,033
$424.0K
Market Conditions
NOI Build-Up for 6,150 SF
Gross rent
$73.8K $12.00/SF
− Vacancy
−$4.4K −$0.72/SF
EGI
$69.4K $11.28/SF
− OpEx
−$31.2K −$5.08/SF
NOI
$38.2K $6.21/SF
Area
Mahoning County, OH
Vacancy
5.98%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,260
Cap Rate 7%
$545,186
Cap Rate 9%
$424,033
Alternative Uses
Best Use
Apartment 5plus
$545.2K
$477.0K – $636.1K
NOI $38,163 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,239 @ 7.0% cap · market cap 13.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
Demographics for 44512, OH
33,282
Population
15,770
Households
2.1
Avg Household Size
44
Median Age
35%
College-Educated
94%
High-School Grad
17.0 sq mi
ZIP Area
1,958
Density / Sq Mi
$62,311
Median Household Income
$38,828
Median Earnings
$788
Median Rent
$158,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Commercial-zoned multifamily asset near medical, retail, dining, and regional highway access.
Where is this apartment building located?
The property is located at 8236 Stadler Ave. Boardman, OH.
What is the asking price?
The asking price for this property is $596,000.
What are key features of this property?
This property features: Six‑unit apartment building with 6,150 SF; 95% occupied; Built in 1979
