Multifamily
Carter Crossings
798 Carter Dr, Galion, OH 44833
Listing Price: $4,950,000
Cap Rate
7.99%
Number of Units
36
GRM
9.93
Occupancy
97.0%
Price/Unit
$137,500
Price/Gross SF
$138.89
Gross SF
35,640
Investment Overview
Marcus & Millichap is proud to present Carter Crossings, a newly constructed 36 unit property in Galion, Ohio.
Carter Crossings
Investment Highlights
- Priced Below Replacement Cost
- Only Community Built within the Past 20 Years in Submarket
- Tax Abatement through 2035
- Walking Distance to Avita Health System Galion Hospital
- Property Sits Directly Adjacent to Galion High School, Intermediate School, and Primary School (Built in 2007)
- One Hour from Downtown Columbus
- Ability to Develop an Additional 36 units on Remaining Land
Exclusively Listed By
Financing By
Listing Price: $4,950,000
Cap Rate
7.99%
Number of Units
36
GRM
9.93
Occupancy
97.0%
Price/Unit
$137,500
Price/Gross SF
$138.89
Gross SF
35,640
Investment Highlights
- Priced Below Replacement Cost
- Only Community Built within the Past 20 Years in Submarket
- Tax Abatement through 2035
- Walking Distance to Avita Health System Galion Hospital
- Property Sits Directly Adjacent to Galion High School, Intermediate School, and Primary School (Built in 2007)
- One Hour from Downtown Columbus
- Ability to Develop an Additional 36 units on Remaining Land
Investment Overview
Marcus & Millichap is proud to present Carter Crossings, a newly constructed 36 unit property in Galion, Ohio.
Exclusively Listed By
Financing By
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