292 Unit Rental Portfolio: Single Family Residential Portfolio (SFRP), Lima, OH 45801

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292 Unit Rental Portfolio: Single Family Residential Portfolio (SFRP) is amulti-family property located in Lima, OH. The property currently has 1 multi-family space for lease and is marketed by .

Lima is the county seat of Allen County, Ohio. It is located in northwestern Ohio along Interstate 75, approximately 72 miles north of Dayton and 78 miles south-southwest of Toledo. According to the 2010 U.S. Census, the Allen County population was 106,331. Lima is home to the campuses of the University of Northwestern Ohio, James A. Rhodes State College and the Ohio State University, Lima Campus. Lima was ranked top 10 most affordable small cities by CNN Money"

The Lima Field, first discovered in 1885, has been a functioning oil reserve since its discovery and has been under the control of a number of domestic and international companies. The Lima Army Tank Plant, built in 1941, is the sole producer of M1 Abrams, a third-generation main battle tank produced in the United States. Lima's largest fields of employment are energy and healthcare and it is considered a regional medical center. The city's two hospitals, St. Rita's Medical Center and Lima Memorial Hospital, serve a 10- county area of northwest and central Ohio and employ approximately 5,500 people. Major employers in the Lima area include Ford Motor Co., Lima Engine Plant, General Dynamics Land Systems Division, Roundy's Ohio Division, Dana Corp., Meccorp, Inc., and Meijer, Inc. The Procter & Gamble plant was built in 1968 and the 1.2 million SF distribution center was completed in 2006.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For sale: Contact for Pricing
292 Units SFRP For Sale with an NOI of approximately $700,000. Single Family Residential Portfolios tap into the new rental market. Renters prefer renting houses to apartments and house renters stay longer than apartment renters. This portfolio represents a unique opportunity because the houses are geographically located within a 10 mile radius for easy management. The properties are 95% occupied and rents are approximately 35% below market. This is Fully stabilized C-Class portfolio with management in place.  « show less 292 Units SFRP For Sale with an NOI of approximately $700,000. Single Family Residential Portfolios tap into the new rental market. Renters prefer...  show more » View Details 292 Units SFRP For Sale with an NOI of approximately $700,000. Single Family Residential Portfolios tap into the new rental market. Renters prefer renting houses to apartments and house renters stay longer than apartment renters. This portfolio represents a unique opportunity because the houses are geographically located within a 10 mile radius for easy management. The properties are 95% occupied and rents are approximately 35% below market. This is Fully stabilized C-Class portfolio with management in place. Pricing: Contact for Pricing Availability: Now Listing ID: 3269528 Save to list