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Property profile & analytics
OFF-MARKET
Small apartment buildings

7749 County Road 40 Galion, OH 44833

Built 2000
Property ID
US66-2259439
Property summary
AI-generated overview

This exceptional investment opportunity presents a five-unit multifamily property situated on a spacious 1.79-acre lot in Galion, Ohio. The property comprises three buildings, offering a mix of rental units with varying levels of renovation. One unit within a three-unit building has undergone a complete remodel, boasting modern amenities including a high-efficiency mini-split heat pump for climate control. Another unit is ready for a buyer's personal touch, having been fully gutted and awaiting renovation. The remaining three units are also available. Built in 2000, this property is served by a well and septic system, with a water softener maintained by a third-party service. All units are equipped with air conditioning. The property's location at 7749 County Road 40, Galion, OH 44833, offers convenient access to local amenities and services. With a total lot size of 77,972.4 square feet, this property presents a significant opportunity for an investor seeking a multi-unit rental portfolio with potential for value appreciation through further renovations and property management. The asking price is $249,950, translating to $129.91 per square foot. This is a turnkey opportunity for an investor looking to add to their portfolio.

Property profile
Verified
Property type Small apartment buildings
Year built 2000
UPID US66-2259439
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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