41670 National Rd
Belmont, OH 43718
The Grove · Multifamily Property For Sale
·
48 Units
PROPERTY FACTS
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 9.03 AC |
| Building Size | 50,000 SF |
| No. Stories | 2 |
| Year Built | 2015 |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Eat-in Kitchen
- Stainless Steel Appliances
ABOUT 41670 NATIONAL RD , BELMONT, OH 43718
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.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 48 | - | 950 |
PROPERTY TAXES
| Parcel Number | 39-00732-000 | Improvements Assessment | $2,063,945 |
| Land Assessment | $58,786 | Total Assessment | $2,122,731 |
