Arlington Arms Apartments — Sale in Toledo, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Toledo, OH 43609

Photos

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Investment Figures

Cap rate
8.97%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is proud to present the Arlington Arms Apartments located at 2010 Arlington Ave Toledo, OH 43609. The Arlington Arms Apartments is a well-located, 24-unit multifamily property in South Toledo. The building consists of one studio unit at approximately 475 square feet and twenty-three one-bedroom, one-bathroom units averaging 550 square feet. The property operates on a simple utility structure in which ownership covers gas and water service while residents are responsible for individual electric usage. On-site laundry facilities provide additional convenience for tenants. Current ownership has completed a series of meaningful physical improvements, including new laminate-style flooring, upgraded boilers, new water heaters, and an enhanced digital lock system. These updates support operational efficiency, reduce near-term capital exposure, and improve the resident experience. The Arlington Arms benefits from a strategic location roughly ten minutes from the University of Toledo’s Main Campus, the University of Toledo Medical Center, and a variety of dining options. The surrounding area offers strong lifestyle amenities such as nearby golf courses and premier retail at Southland Plaza and Toledo Commons. The southeastern edge of the neighborhood borders Woodsdale Park, home to the Toledo Zoo—one of the region’s most notable attractions. Investment Highlights: • Strategic Location Near Major Employment and Lifestyle Drivers • Low Occupancy in High-Demand Workforce Housing Submarket • Proven Operational Efficiency Through Recent Capital Improvements

Market Context

This multifamily in Toledo, OH is listed for sale. It is offered at an approximate 9.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Toledo, OH — view the full market.

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