Entity Owned Property summary
This exceptional 60-unit apartment building, Orwell Village Apartments, presents a compelling investment opportunity in Orwell, Ohio. Located at 185 E Main St, 44076, this two-story property boasts a substantial 47,295 square feet and sits on over 5 acres, offering significant potential for future development. Built in 1979, the property features a diverse mix of studio, one-bedroom, two-bedroom, and three-bedroom units, catering to a broad range of tenants. The asking price is $3,500,000,… representing a price per square foot of $74 and a strong 7.08% cap rate, with a current Net Operating Income (NOI) of $240,806. Recent capital expenditures include a complete parking lot resurfacing, upgraded electrical panels in each unit, and various minor renovations, demonstrating a commitment to property maintenance and value enhancement. The property includes additional revenue streams from on-site laundry facilities, parking, and garages. This well-maintained complex has been locally owned and self-managed for over 24 years, providing a history of stable occupancy and income. The property is offered free and clear, or with an attractive assumable loan, providing flexibility for potential buyers. Its convenient location, approximately one hour from Downtown Cleveland and within a 20-mile radius of major employers in the metropolitan statistical area, ensures strong tenant demand and long-term stability. This is a rare opportunity to acquire a well-established, cash-flowing multifamily asset with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 8,424 SF
- Lot area
- 0.62 ac
- Year built
- 1982
- Stories
- 2
- APN
- 39-013-10-049-00
- Assessed value · 2023
- $82,500
- Annual tax · 2023
- $4,408
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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