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Listing Presented by RE/MAX Traditions  (440) 247-3707
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Listing Presented By:RE/MAX Traditions
Office Phone:(440) 247-3707
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MLS#: 4010767 $6,300,000 41670 National Rd BELMONT OH 43718
Active
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.
Directions: US 40/National Road
Property Type:
COMMERCIAL
Property Sub-Type:
Apartment
Area:
Union Township
Year Built:
2015
Age:
3
Basement:
None,Slab
County:
Belmont
Cooling:
Central Air
Heat:
Electric - Forced Air
Roof:
Asphalt/Fiberglass
Sewer:
Public Sewer
Water:
Public Water
Ownership:
Principal/NR
2 Bedroom Units:
48


Financing:
Net Op Income:
$516,000.00

FEATURES: Central Air
Listing Provided By:
List Office: HARVEY GOODMAN REALTORS
Office Phone: (740) 695-3131
List Agent: Jay H Goodman
(773) 936-6511