350 Welsh View Drive & 101 N 40th Street

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Address: 350 Welsh View Dr, Newark, OH 43055, USA
Created date: August 22, 2024
Date last updated: September 4, 2024
  • Excellent Investment Opportunity
  • 51 units total among 2 locations
  • Laundry facilities available on both sites

Property Description

Exceptional multifamily investment opportunity. Properties are located at 350 Welsh View Drive and 101 N 40th Street in Newark, Ohio. Comprising a total of 51 units, these properties offer a compelling investment opportunity for the savvy investor. The Welsh View apartments offer 12,086SF and feature 10 one-bedroom, one-bathroom units and eight two-bedroom, one-bathroom units, all nestled on .69 acres of land. Just a short 2.5 mile drive to these, the 40th Street apartments present 22,380SF offering 32 one-bedroom, one-bathroom units and a two-bedroom, one-bathroom house with a two-car garage, previously used as the apartment manager's residence, all on 1.76 acres. Both properties boast the convenience of on-site coin-operated laundry facilities, enhancing their appeal to prospective tenants. With units thoughtfully designed for comfort and community appeal, these properties offer an enticing opportunity to capitalize on the thriving multifamily real estate market.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $3,300,000
No. of Units: 51
Lot Size: 2.45 Sq ft
Opportunity Zone: No
Price per unit: $64,706
Property Website Click Here
Address: 350 Welsh View Dr, Newark, OH 43055, USA
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