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This property is being sold as part of an 82-unit portfolio. In place cap is 8.0%, pro forma cap is ~10.5%, NOI is $541K, 95.1% occupancy. Portfolio asking price is $6.76M. See attachment for list of all addresses.  The 82-unit portfolio can also be acquired in one of five suggested sub-portfolios. The sub-portfolio including this property contains 1371 Felt, 705 Nicholas, 1508 Albert, 2050 Berdan, 4139 Walker, 323 Champion, 1441 Prouty, 1531 Freedom, 220 E. Pearl, 270 Valleywood / 1525 Kelsey (corner duplex), 44 Greenwood (duplex), 3855 Revere (duplex), and 291-295 E. Broadway (triplex) for $1.22M.

East Toledo

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1371 Felt St, Toledo, OH 43605

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