Cadiz, OH 43907,697 Country Club RD
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Cadiz, OH 43907,697 Country Club RD
Cadiz, OH 43907,697 Country Club RD
Cadiz, OH 43907,697 Country Club RD
Cadiz, OH 43907,697 Country Club RD
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$ 815,000
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697 Country Club RD Cadiz, OH 43907

4.8 Acres Lot


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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5159752

HOA Y/N No

Year Built 1900

Annual Tax Amount $13,485

Tax Year 2024

Lot Size 4.800 Acres

Acres 4.8

Property Sub-Type Apartment

Property Description

Rental Portfolio Opportunity!! This Cadiz Portfolio presents a great cash flow opportunity with multiple income-producing assets in one package. The property includes a well-maintained trailer court with 35 homes, a 4-unit apartment building, and a 2-unit duplex. The trailer court sits across the Cadiz Country Club at 697 Country Club Road. It is fully equipped for efficient operations, with the owner paying only for garbage service. All trailers are owned by the park, each featuring individual meters, plastic utility lines, and shut-off valves for ease of maintenance. A recently paved main roadway and a three-bay garage add to the long-term value and functionality of the park.

The additional multi-family units provide steady rental income with numerous recent updates that reduce ongoing maintenance costs. The duplex located at 438-440 Lower Lincoln and is equipped with a newer roof, furnace, and hot water tank. The four-unit is located at 202 S Buffalo St and is an apartment building that has undergone significant improvements, including newer siding, roof, windows, hot water tanks, electric boxes, and the owner covers all utilities. Together, this portfolio offers a diversified and stable stream of income with upside potential with numerous rental increases in 2025 in a stable Cadiz rental market. The owner will consider financing for the right offer.

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Location

State OH

County Harrison

Interior

Heating Forced Air, Gas

Fireplace No

Exterior

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Schools

School District Harrison Hills Csd - 3402

Others

Tax ID 05-0000467-000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange


Northern Ohio Regional MLS (YES-MLS)
Listed by Joseph T Luckino • Cedar One Realty

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Joseph Luckino

Joseph Luckino

Broker | License ID: C2015005262

+1(740) 632-9111

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697 Country Club RD