Listing Agency: Superior PLUS Realtors g***@superiorrealtors.com Show Phone

Listed By: Greg Butcher · License #OH 0000324616

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:51AM

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Investment Insights

Based on property information with market context.

This 20-unit apartment building at 990 W Robb Ave has operated as HUD housing since it was constructed. The property is offered for sale individually, with the current HUD term extending through 2033.

Key Highlights

• 20‑unit apartment building
• Operated as HUD housing since construction
• HUD term extends through 2033

Property Analytics

Property Profile

Current Use

Arc 3rd Housing ... Housing Authority

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Kitchen & Bath Showroom

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

20

Residential units

Location Intelligence

Trade Area within ½ mile

212

Businesses Nearby

Explore this area Business Placement

Demographics for 45801, OH

22,819

Population

9,351

Households

2.4

Avg Household Size

38

Median Age

12%

College-Educated

90%

High-School Grad

45.7 sq mi

ZIP Area

499

Density / Sq Mi

$47,442

Median Household Income

$33,224

Median Earnings

$865

Median Rent

$111,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - HUD housing operations have continued since construction, with the current term extending through 2033.

Where is this apartment building located?

The property is located at 990 W Robb Ave Lima, OH.

What are key features of this property?

This property features: 20‑unit apartment building; Operated as HUD housing since construction; HUD term extends through 2033