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Welsh View & 40th St Apartment Complex

2 Residential Properties Offered at £2,582,085 in Newark, OH

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Investment Highlights

Excellent Investment Opportunity
Laundry facilities available on both sites

51 units total among 2 locations

Executive Summary

Exceptional multifamily investment opportunity. Properties are located at 350 Welsh View Drive and 101 N 40th Street in Newark, Ohio. Comprising a total of 51 units, these properties offer a compelling investment opportunity for the savvy investor. The Welsh View apartments offer 12,086SF and feature 10 one-bedroom, one-bathroom units and eight two-bedroom, one-bathroom units, all nestled on .69 acres of land. Just a short 2.5 mile drive to these, the 40th Street apartments present 22,380SF offering 32 one-bedroom, one-bathroom units and a two-bedroom, one-bathroom house with a two-car garage, previously used as the apartment manager's residence, all on 1.76 acres. Both properties boast the convenience of on-site coin-operated laundry facilities, enhancing their appeal to prospective tenants. With units thoughtfully designed for comfort and community appeal, these properties offer an enticing opportunity to capitalize on the thriving multifamily real estate market.
Explore the thriving city of Newark, OH, where The Welsh View Apartments and 40th St Apartments are strategically located. Nestled in the north end of Newark, The Welsh View Apartments offer convenient access to local amenities, including fast food restaurants and grocery stores, all within easy walking distance. Also, within proximity to the N. 21st St entrance and exit for SR-16. The 40th Street Apartments are just a short drive away and are located near Thornwood Dr and SR-16 intersection. Licking Memorial Hospital, just a mile away, provides essential healthcare services. Positioned within the city of Newark, these properties offer a prime location for seamless management and easy access to all that the vibrant city has to offer.

Welsh View and 40th, Newark

Property Facts

Price	£2,582,085	Number of Properties	2
Price / SF	£78.76 / SF	Individually For Sale	0
Sale Type	Investment	Total Building Size	32,786 SF
Status	Active	Total Land Area	2.45 AC

Price	£2,582,085
Price / SF	£78.76 / SF
Sale Type	Investment
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	32,786 SF
Total Land Area	2.45 AC