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DESCRIPTION

Harvey Goodman Realtor is please to present for sale The Grove Apartments, a 48-unit residential community located in Belmont, OH. The property is situated on 9 acres and is 1 mile from Exit 208 on Interstate 70, 7 miles to Saint Clairsville, OH, and 30 miles to Cambridge, OH. Newly constructed in 2015 the property consists of 48 2-bedroom, 1-bath units. The property currently operates at or near capacity, the NOI is estimated to be $516k. There is currently a waiting list. Concrete parking lots surround the community and added amenities include an interior courtyard with bocce court.

KEY DETAILS
  • Price:
  • $6,300,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 9.03
  • Year Built:
  • 2015
  • MLS #:
  • 4010767
  • Street Address:
  • 41670 National Rd
  • City:
  • Belmont
  • State:
  • OH
  • Postal Code:
  • 43718
  • County:
  • Belmont
  • Area:
  • Union Township
  • Listing Status:
  • For Sale - Active

Building

  • Basement Description:
  • None, Slab
  • Type Of Roof:
  • Asphalt/Fiberglass
  • Year Built:
  • 2015
  • Year Built Description:
  • Actual Ybt

Business

  • Net Operating Income:
  • 516000.00

Land

  • Approximate Lot Size Range Source:
  • Auditors Website

Listing

  • Days On Market:
  • 170
  • For Sale Or Lease?:
  • For Sale

Money

  • Monthly Rent:
  • 840000
  • Property Taxes:
  • $64,561

Structures

  • Parking Description:
  • Outdoor

Systems

  • Cooling System:
  • Central Air
  • Heating:
  • Forced Air
  • Heating Fuel:
  • Electric
  • Sewage Type:
  • Public Water, Public Sewer

Source

  • Listing Provided By Harvey Goodman Realtors

    The listing information herein is provided through the MLS IDX database. Information is deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of NEOHREX.


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NOTES

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