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909-931 WELSH VIEW DR, Newark, OH, 43055

UNIQUE OHIO PORTFOLIO
$7,800,000

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Highlights

INVESTMENT HIGHLIGHTS

  • DIVERSE, UNIQUE HIGH-QUALITY PORTFOLIO – Comprises three multifamily properties and one self-storage facility across strategic, growth-oriented submarkets.
  • DEVELOPER-ASSEMBLED WITH VALUE-ADD EXECUTION – Each asset was acquired with excess land and thoughtfully expanded with newly developed units to complement existing structures.
  • MIXED-VINTAGE PRODUCT – Three properties feature a unique blend of original and new construction, offering a balance of stable cash flow and modern unit appeal.
  • STRATEGICALLY LOCATED ASSETS – All properties are positioned in well-selected submarkets with strong fundamentals, including population growth, limited new supply, and access to major employment drivers.
  • BALANCED RISK-RETURN PROFILE – Combines stabilized income, development upside, and geographic diversity — well-suited for investors seeking yield with long-term appreciation potential.

Location

Agents

Broker of Record

Matt Wallace

License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113

Key Information

Cap Rate
8.29%
Units
81
Type
Apartments
NOI
$646,328