Building Details:
294 Unit SFR Investment Portfolio Lima OH is located in Lima, OH.
Ohio is known as the Buckeye State and is located in the Great Lakes region. Ohio is the 7th most populous and the 10th most densely populated state in the United States. Ohio’s geographic location has proven over the years to be an asset for economic growth and expansion.
The Small Business & Entrepreneurship Council ranked the state No. 10 for best business-friendly tax systems in their Business Tax Index including a top corporate tax and capital gains rate that were both ranked No. 6 at 1.9%.
Lima, Ohio is a stable midwestern city with 3 universities and over 12,000 College Students. Major employers include Proctor and Gamble, Abrams Tanks, Ford Motor Co., Lima Oil and Gas, and an 8 surrounding county pull for Medical and Retail. Although there was some population decline for Lima in the 1980’s and 90’s with the national decline in manufacturing, the population has been fully stabilized for the last 10 years and anticipates growth in jobs and population over the next 10. In 2005 the Population of Lima, was 37,280, and in 2016 the population of Lima was 37,414.... with some normal ups and downs along the way, including some people moving in more recent years from Lima City to the growing Lima Suburbs, Lima is a very stable city. Many Midwestern Cities are starting to see urban revitalization, which is also true in Lima. One of the Lima universities, Rhodes College, is opening a new downtown campus, and the Lima Development Group, called Greater Lima Region, Inc., is having success in attracting new retail and young renters to the downtown Lima area.
The city was also the focus of other documentaries, comedic routines, and films, only to name a few. Not only is this town popularly known in the media, but it’s also rich in the history of oil and railroads make it a unique town to live. Lima is a city of service providers, sales, and office workers, and transportation and shipping workers.
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