Multifamily

Oberlin Portfolio

111 E Lorain St, Oberlin, OH 44074

Listing Price: Request For Offer

Number of Units
65
Occupancy
89.0%
Gross SF
57,454

Investment Overview

Marcus & Millichap is pleased to present the Oberlin Portfolio, 65 units across 13 properties in the city of Oberlin, Ohio.

Investment Highlights

  • Historically 90 Percent Plus Occupied Year Over Year
  • Located within Oberlin College's Campus and Downtown Oberlin
  • Walking Distance to Mercy Health's Allen Hospital
  • In-place rents $35-$45 below competitors
  • Exceptionally well maintained assets; $110,000 in capital improvements since 2017
  • Market Rate Residents with Average Tenure of Five Years; No Students

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
65
Occupancy
89.0%
Gross SF
57,454

Investment Highlights

  • Historically 90 Percent Plus Occupied Year Over Year
  • Located within Oberlin College's Campus and Downtown Oberlin
  • Walking Distance to Mercy Health's Allen Hospital
  • In-place rents $35-$45 below competitors
  • Exceptionally well maintained assets; $110,000 in capital improvements since 2017
  • Market Rate Residents with Average Tenure of Five Years; No Students

Investment Overview

Marcus & Millichap is pleased to present the Oberlin Portfolio, 65 units across 13 properties in the city of Oberlin, Ohio.

Exclusively Listed By

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