620 Cleveland Rd Huron, OH 44839
This exceptional investment opportunity presents a portfolio of eight well-maintained apartment buildings totaling 47 units, situated in the desirable Huron, Ohio community. Built in 1968 and 1978, these properties boast a history of consistent occupancy, providing a reliable income stream for investors. Their strategic location near Lake Erie, local schools, and employment centers ensures strong tenant demand. Each building features practical layouts and functional amenities, appealing to tenants seeking comfortable, long-term housing. The portfolio's proven rental performance makes it an attractive addition to any investment portfolio seeking stable, low-risk returns in a growing rental market. The asking price for this established multifamily property is $3,990,000. The address is 620 Cleveland Rd E, Huron, OH 44839, located in Erie County. This is a turnkey investment opportunity with a proven track record of success. The property offers a compelling combination of stable income, desirable location, and strong potential for future growth. Detailed financial information and property specifics are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.