403 Rockdale Ave, Boardman, OH 44513
London Square
Boardman, OH
Building
Offering Summary
- Units: 70
- Year Built: 1976
- Average Unit Size: +/- 523
- In-Place Average Rent: $632 ($1.21)
- Occupancy: 87%
Investment Highlights
• Owned and managed by the original Cardinal Industries family for over 47+ years
• Low maintenance, single-story, ranch-style units with no interior common areas
• In-place rents $100+ below competing properties
• All roofs replaced in 2020 and all parking lots replaced in 2021
• Located just off Route 224 - Youngstown MSA's busiest commercial thoroughfare (30,000+ VPD)
• Walking distance or short drive to an abundance of employment and retail
• Located in desirable suburb of Youngstown with Boardman School District ranked #2 out of 48 in MSA
• $74,672 Average Household income within 3 miles of the property
Also For Sale by Seller - 34 Units in New London, OH
Team
Michael Barron
Daniel Burkons
Joshua Wintermute
Eric Bell
Jordan Callaway
First Vice President Investments
Marcus and Millichap
630-740-4465
Charles Gagliano
William Koontz
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