Listing ID4398066
Price$5,280,000
StatusPending
SqFt
52,224
Acres
4.900
CountyLake
SubdivisionWoodland Glen
Property TypeCommercial Sale
Property Sub TypeApartment
Rarely available 48 unit apartment community on nearly 5 acres in Mentor, OH. Six buildings consist of an outstanding unit mix of (36) two and (12) three bedroom homes each with bath and a half and individual HVAC. Townhome style units feel like a home...not an apartment. Each unit also has washer/dryer hookups and full appliance kitchens include Refrigerator, Range and Dishwasher.
Complex is very private accessed by a private drive with plenty of parking (96 surface spots and 48 carports), a swimming pool (operational) with men's and women's restrooms, leasing office and playground. There is also a garage/shop room for maintenance equipment. Rent Roll and Expenses available upon request. QUALIFIED BUYERS ONLY PLEASE.
County
Lake
Property Sub Type
Apartment
Property Type
Commercial Sale
Subdivision
Woodland Glen
Above Grade Finished Area
52224
Basement
no
Cooling
yes
Cooling Type
Central Air
Heating
yes
Heating Type
Forced Air, Gas
Levels
Two
Stories
2
Stories Total
2
Foundation Details
Slab
Lot Size Source
Public Records
Lot Size Units
Acres
Parking Features
Assigned, Covered, Driveway, On Site, Private
Roof
Asphalt, Fiberglass, Pitched
Sewer
Public Sewer
Water Source
Public
Building Area Total
52224
MLS Area Major
Mentor
Postal City
Mentor
State Or Province
OH
Township
Mentor City
Days On Market Replication
129
Days On Market Replication Date
2022-12-31T00:00:00+00:00
Days On Market Replication Increasing
no
Documents Count
2
Permission
IDX
Property Sub Type Additional
Apartment
Year Built
1969
Year Built Details
Actual YBT
Lease Considered
no
Listing Terms
Assumable, Conventional, Land Contract
Net Operating Income
298814
Owner Pays
Sewer, Trash Collection, Water
Ownership
Principal/NR
Possession
Delivery Of Deed
Tenant Pays
Cable TV, Electricity, Gas
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