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Multifamily

Straley Apartments

700 W Wayne St, Paulding, OH 45879

Listing Price: $1,490,000

Cap Rate
6.51%
GRM
5.45

Investment Overview

Marcus & Millichap is pleased to exclusively present Straley Apartments, a 32-unit apartment complex located in Paulding, Ohio. Located just 40 minutes from Fort Wayne, the property benefits from being near one of the fastest growing cities in the Midwest.

Investment Highlights

  • 32-Unit Complex: 40 Minutes from Fort Wayne, Indiana (Indiana's fastest growing city)
  • Proforma 8.15 Percent Cap Rate and 11.5 Percent Cash-on Cash Return
  • Value-Add Opportunity to Renovate Unit Interiors

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director, Chief Revenue Officer- Mid-West Division

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Multifamily

Straley Apartments

Investment Highlights

  • 32-Unit Complex: 40 Minutes from Fort Wayne, Indiana (Indiana's fastest growing city)
  • Proforma 8.15 Percent Cap Rate and 11.5 Percent Cash-on Cash Return
  • Value-Add Opportunity to Renovate Unit Interiors

Investment Overview

Marcus & Millichap is pleased to exclusively present Straley Apartments, a 32-unit apartment complex located in Paulding, Ohio. Located just 40 minutes from Fort Wayne, the property benefits from being near one of the fastest growing cities in the Midwest.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director, Chief Revenue Officer- Mid-West Division

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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