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Property profile & analytics
OFF-MARKET
Small apartment buildings

970 Main St Marion, OH 43302

Built 9999
Property ID
US66-0809632
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of 96 single-family rental units located in Marion, Ohio, within a 2-3 mile radius. The property boasts a strong 89% occupancy rate, generating a substantial annual gross rent of $971,663. The units are primarily situated at 970 N Main Street, Marion, OH 43302 (40.6065775, -83.1298847). The portfolio comprises a mix of apartment building types, including duplexes, triplexes, and quadplexes. Many units feature newer roofs, updated exteriors, and modernized mechanical systems, indicating a commitment to property maintenance and potential for increased rental income. Significant growth potential exists due to the current high occupancy and the opportunity for further rent increases. Detailed rent rolls are available upon request. All utilities are paid by tenants. Serious inquiries only; please do not disturb tenants. The asking price for this lucrative investment is $13,650,000. The lot size is not specified. The year built is not available.

Property profile
Verified
Property type Small apartment buildings
Year built 9999
UPID US66-0809632
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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