1881 ROSEWOOD DRIVE, MANSFIELD, OH 44906 1180 Lexington Avenue Mansfield, OH 44907 www.haringrealty.com
EXECUTIVE SUMMARY 1881 ROSEWOOD DRIVE, MANSFIELD, OH 44906 OFFERING SUMMARY Sale Price: $1,300,000 Number Of Units: 33 Cap Rate: 10.2% NOI: $131,960 Lot Size: 3.18 Acres Year Built: 1977 Building Size: 26,500 Zoning: R-2 Medium Density PROPERTY OVERVIEW Haring Realty is pleased to offer the sale of Westwood Manor, a 33-unit apartment project on a 3.2-acre site. The complex is 100% leased (with a waiting list). Project amenities include covered parking for every unit, an on-site laundry facility, and a maintenance garage. The apartments are located in Ontario, which is the primary commercial corridor for north central Ohio. Specifically, the complex is located less than a half-mile from Lexington Springmill Road and Fourth Street, both of which are main arterial routes for the area with numerous restaurants and retail opportunities. PROPERTY HIGHLIGHTS Currently (and historically) 100% leased. Waiting list for tenancy, with low turnover. Located in the Ontario school district. Proximity to numerous restaurants and retail opportunities. Convenient access to the region's highway system. Price / SF: $49.06 1180 Lexington Avenue Mansfield, OH 44907 www.haringrealty.com
ADDITIONAL PHOTOS 1881 ROSEWOOD DRIVE, MANSFIELD, OH 44906 1180 Lexington Avenue Mansfield, OH 44907 www.haringrealty.com
MULTIFAMILY PROPERTY FOR SALE $1,300,000 ADDITIONAL PHOTOS 1881 ROSEWOOD DRIVE, MANSFIELD, OH 44906 1180 Lexington Avenue Mansfield, OH 44907 www.haringrealty.com
LOCATION MAPS 1881 ROSEWOOD DRIVE, MANSFIELD, OH 44906 1180 Lexington Avenue Mansfield, OH 44907 www.haringrealty.com
AERIAL MAP 1881 ROSEWOOD DRIVE, MANSFIELD, OH 44906 Westwood Manor Apartments 1180 Lexington Avenue Mansfield, OH 44907 www.haringrealty.com
RETAILER MAP - WESTWOOD 1881 ROSEWOOD DRIVE, MANSFIELD, OH 44906 1180 Lexington Avenue Mansfield, OH 44907 www.haringrealty.com
DEMOGRAPHICS MAP 1881 ROSEWOOD DRIVE, MANSFIELD, OH 44906 POPULATION 1 MILE 5 MILES 10 MILES Total population 1,515 56,605 131,838 Median age 42.6 40.4 41.0 Median age (male) 43.2 39.1 39.7 Median age (Female) 41.7 41.8 42.7 HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES Total households 635 22,535 51,692 # of persons per HH 2.4 2.5 2.6 Average HH income $57,871 $48,981 $52,297 Average house value $155,763 $132,395 $121,206 * Demographic data derived from 2010 US Census 1180 Lexington Avenue Mansfield, OH 44907 www.haringrealty.com
DEMOGRAPHICS REPORT 1881 ROSEWOOD DRIVE, MANSFIELD, OH 44906 1 MILE 5 MILES 10 MILES Total population 1,515 56,605 131,838 Median age 42.6 40.4 41.0 Median age (male) 43.2 39.1 39.7 Median age (female) 41.7 41.8 42.7 1 MILE 5 MILES 10 MILES Total households 635 22,535 51,692 Total persons per HH 2.4 2.5 2.6 Average HH income $57,871 $48,981 $52,297 Average house value $155,763 $132,395 $121,206 * Demographic data derived from 2010 US Census 1180 Lexington Avenue Mansfield, OH 44907 www.haringrealty.com