136 Brunswick Dr Elyria, OH 44035
- Apartment buildings
- 1,886 SF
- 0.37 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 136 Brunswick Dr
- Year built
- 1976
- Lot size
- 0.37 lot acres
- Property size
- 1,886 SF
- Property type
- Apartment buildings
- APN
- 06-24-002-000-058
- APU
- 624002000058
Description
This exceptional investment opportunity presents a six-unit apartment building located at 136 Brunswick Drive in Elyria, Ohio. The property sits on a 0.37-acre lot and boasts excellent curb appeal. The building comprises five two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. Each unit features spacious bedrooms and living rooms, providing comfortable living spaces for tenants. Individual furnaces, hot water tanks, and central air conditioning units (rooftop) are installed in each unit, ensuring independent climate control and reducing maintenance complexities. Tenant convenience is further enhanced by a coin-operated laundry facility located on the premises. Ample parking is available with a blacktop driveway and parking lot offering twelve parking spaces. Recent improvements include a recoated flat roof, contributing to the building's long-term durability. The building's exterior features a partial brick faГ§ade, adding to its aesthetic appeal and structural integrity. Energy efficiency is improved with double-pane windows throughout the building. This well-maintained property presents a strong cash flow potential for investors seeking a stable and profitable multi-family investment in a desirable location. The property is priced at $408,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $380,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $405,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $360,000
- Mixed-Use
- $350,000
- Hospitality
- $315,000
- Educational
- $300,000
- Residential Income
- $335,000
- Energy
- $305,000
- Income-Based Land
- $355,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Elyria
- County
- Lorain
- State
- Ohio
- Longitude
- -82.1562
- Latitude
- 41.3597
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA