Technical
Financial
Distress signals
Property profile

224 Ml St A24 Wellington, OH 44090

OFF-MARKET
Apartment buildings
Property ID
US66-0036212
3,456 SF 1.24 ac lot Built 1976
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1976
Total area 3,456 SF
Lot 1.24 ac (54,014 SF)
APN 18-00-028-104-103
UPID US66-0036212

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

224 Ml St, Unit A24 Wellington, OH 44090-1064
Wellington metro Census 96100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
$455k
Comparable Approach Comparable
$408k
Blend (final) Blend
$575k

Owner & transaction history

since 2021
Last sale
$775,000
4 recorded transactions
2021
$775,000
2009
$400,000
2008
Price N/A
2004
$720,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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