Collect $4,980/month OR MORE on this 12 Unit Apartment Complex in Toledo-OH
*****Great Investment Property*****
• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?
Now you can own 12 income-producing units through one property purchase!
PRICED TO MOVE QUICKLY: $249,900
This multifamily property offers multiple money-generating strategies:
Great Investment Opportunity!
Cap Rate: 13%
100% Occupancy
1966 Built
Four Fortune 500 companies have Head Quarters in Toledo, OH
Stable occupancy with opportunity for rent increases and further value creation
Great location, only 2 min drive to University of Toledo (with an enrollment of 20,381 students/year)
Rental Increase Upside
Individually metered – residents pay for electricity
Located near to Interstate I-75 allowing tenants easy access to employment, shopping and entertainment
Excellent Professional Property Management Company available
$33,077 NOI
Perfect for 1031 Exchange
No Seller Financing
Purchase Price $249,900