The seller purchased this property in 2022. Prior ownership had neglected the asset and made no reinvestments. Since acquisition, the current owner has invested approximately $378,00 in higher-than-normal maintenance costs and has required substantial capital improvements, including unit renovations, new appliances, updated flooring and carpeting, HVAC replacements, Roof and siding upgrades, and other enhancements. To date 15-17 of the 32 units have been renovated since 2022. This creates an opportunity for a new buyer to complete the remaining improvements and realize the property's full potential.
Listed By
Agency Name: The Danberry Co.
Agency Phone: 419-866-8888
Shown By
Agent Name: Wanda M. Henry
Agent Phone: (419) 553-9144
Agency Title: Key Realty
Estimated Payment
$ 11,035.09 per month $10,488.22 Principal & Interest $0.00 Property Tax (data not provided by mls) $546.88 Homeowner's Insurance
1819 Garden Ridge Drive | MLS# 10004923
This multi-family property located at 1819 Garden Ridge Drive, Toledo, OH 43614 is currently listed for sale with an asking price of $1,875,000. Garden Ridge Drive is located within the Toledo school district. Search Toledo real estate on wandahenry.ikeyrealty.com today.