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Multifamily Portfolio with 60 Units
For Sale
Contact for pricing

909-931 Welsh View Dr, Newark, OH 43055

Ohio portfolio combines townhome-style and garden-style multifamily properties with recent construction and interior renovations.

Property SizeContact for details
Days on Market143

Property Features for 909-931 Welsh View Dr

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Asking Price $7,800,000
Self-Storage Units 21
Listing Agency: Matthews
Listed By: Joey Miller · License #2021000671
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 8:05PM

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 Matthews

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises 60 apartment units across three properties: two townhome-style communities with 22 and 14 units, plus a 24-unit garden-style property. The townhome assets include units completed in 2024-25 and 2025, while the remaining buildings date from 1960 and 1986. The garden-style property was built in 1965 and has received interior renovations.

Unit configurations range from one-bedroom apartments to three-bedroom townhomes, with one- and two-bedroom layouts represented across the portfolio. The reported capitalization rate is 8.29%. The source information also identifies a separate 21-unit self-storage property within the broader offering, including buildings from 1956 and 2024.

Key Highlights

  • 60 multifamily units across two townhome‑style properties and one garden‑style property
  • 22‑unit townhome property with 14 units completed in 2024‑25
  • 14‑unit townhome property includes 8 units completed in 2025

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center HVAC Service Electrical Service (Bike/Boat/Book/etc) Store

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

328
Businesses Nearby

Demographics for 43055, OH

62,590
Population
27,046
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
112.7 sq mi
ZIP Area
555
Density / Sq Mi
$61,807
Median Household Income
$39,412
Median Earnings
$920
Median Rent
$185,300
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 - Ohio portfolio combines townhome-style and garden-style multifamily properties with recent construction and interior renovations.
Where is this apartment building located?
The property is located at 909-931 Welsh View Dr Newark, OH.
What are key features of this property?
This property features: 60 multifamily units across two townhome‑style properties and one garden‑style property; 22‑unit townhome property with 14 units completed in 2024‑25; 14‑unit townhome property includes 8 units completed in 2025
More about this property
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