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Multifamily

Mentor Paige Place

205 Mentor Ave, Painesville, OH 44077

Listing Price: Request For Offer

Number of Units
16
Occupancy
88.0%
Gross SF
9,480

Investment Overview

Marcus & Millichap is proud to present Mentor Paige Place, a 16 unit building in Painesville, Ohio.

Investment Highlights

  • Clean, well-maintained property with minimal deferred maintenance
  • In-place rents are currently $75 to $150 below competing properties
  • Walking distance to Lake Erie College (35 undergraduate majors and graduate programs with 1,000+ enrollment)
  • 1 minute from SR-2, a major highway linking Painesville to Cleveland's CBD and eastern suburbs
  • 10-minute or less commute to major employers including Lake Health, Avery Dennison, Lubrizol, Lincoln Electric and Steris

Exclusively Listed By

Financing By

Multifamily

Mentor Paige Place

Listing Price: Request For Offer

Number of Units
16
Occupancy
88.0%
Gross SF
9,480

Investment Highlights

  • Clean, well-maintained property with minimal deferred maintenance
  • In-place rents are currently $75 to $150 below competing properties
  • Walking distance to Lake Erie College (35 undergraduate majors and graduate programs with 1,000+ enrollment)
  • 1 minute from SR-2, a major highway linking Painesville to Cleveland's CBD and eastern suburbs
  • 10-minute or less commute to major employers including Lake Health, Avery Dennison, Lubrizol, Lincoln Electric and Steris

Investment Overview

Marcus & Millichap is proud to present Mentor Paige Place, a 16 unit building in Painesville, Ohio.

Exclusively Listed By

Financing By

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