Exceptional opportunity to acquire the Sunset Blvd Apartments, a well-maintained 97-unit multifamily community in a highly convenient location. The property features a desirable unit mix of 24 one-bedroom/one-bath, 49 two-bedroom/one-bath, and 24 three-bedroom/one-bath apartments, appealing to a broad tenant base. Many units have been updated with durable luxury vinyl plank flooring and each apartment includes washer/dryer hookups plus a private patio or balcony. Residents enjoy beautifully maintained, lush landscaping that enhances curb appeal and community appeal. With strong rental demand, attractive amenities, and value-add potential, Sunset Blvd Apartments offers an outstanding opportunity for investors seeking stable cash flow and long-term appreciation. Appraised for $7.2m in 2023. Listing Agent is owner.
| MLS # | 9074062 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 31 |
| Listing Provided By | Dream Huge Realty | Peter Peterson II |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 |
| Car Port | Yes |
| Basement | Y |
| Units | 97 |
| Acreage | 6.94 |
| Property | 71359 |
|---|
| State | OH |
|---|---|
| County | Richland |
| City | Mansfield |
| Zip Code | 44907 |
| School District | Mansfield City School District |
| Elementary School | Mansfield City School District |
| High School | Mansfield City School District |
| Listing VS Median (in 44907) | |
Price: $6,500,000 low | high Med: $199,900 On site: 31 low | high Med: 17 | |
| State | OH |
|---|---|
| County | Richland |
| City | Mansfield |
| Zip Code | 44907 |
| School District | Mansfield City School District |
| Elementary School | Mansfield City School District |
| High School | Mansfield City School District |
| Listing VS Median (in 44907) | |
Price: $6,500,000 low | high Med: $199,900 On site: 31 low | high Med: 17 | |