5311 N Detroit Ave

Positioned in a stable Toledo rental corridor, this 24-unit multifamily asset presents a compelling value-add opportunity with in-place cash flow and operational upside. The property benefits from a uniform unit mix, efficient layout, and partially implemented utility reimbursements, making it an ideal acquisition for investors seeking scalable returns with manageable complexity. The asset’s uniform floor plans and centralized layout create operational efficiency and streamline both leasing and renovations. This structure provides predictable expenses with built-in reimbursement mechanisms, offering immediate margin improvement potential.

In-Place Cash Flow with upside Uniform Unit Mix simplifies operations & renovations Tenant-Paid Electric reduces expense exposure No Gas Service minimizes utility volatility RUBS Already Implemented (rare for smaller assets) Scalable 24-Unit Asset in a single structure Strong Demand for Workforce Housing