About This Home

This 0-bedroom, 0-bathroom single family at 80 Door Package in Lima, OH is listed for $9,999,315. on a N/A lot.

Amenities

A/C
Listing Description

80-Door Portfolio Summary -- NW Ohio Acquisition Price: $9,999,315.00 ($124,991.00 / door) Asset Mix: 79 buildings / 80 doors (78 single-family homes + 1 duplex) Occupancy: 95% stabilized (5% vacancy rate) Financial & Return Metrics: Average Rent / Door: $1,170.04/month Gross Monthly Income: $93,603.20 Gross Annual Income: $1,123,238.40 Expense Rat

io: 28.78% Net Operating Income (NOI): $799,945.27 / year Cap Rate: 8.00% Estimated Annual Debt Service: $636,101.28 Debt Service Coverage Ratio (DSCR): 1.26 Net Monthly Cash Flow: $13,635.67 Annual Cash Flow: $163,628.04 Pre-Value-Add, Cash-on-Cash Return (CoC): 6.55% Key Upside: In-place cash flow from day one with ~95% occupancy. Major value-add potential: While many of the units are stabilized, many units sit below market rent, offering immediate revenue expansion on lease renewals and operational mark-to-market.

Monthly Cost Estimate

$53,478/mo

20% down · 6.5% · 30 years

Principal$7,232
Interest$43,330
Insurance$2,916

Estimates only. Actual payments may vary.

Location

80 Door Package

Lima, OH 45804

Questions & Answers

This 0-bedroom, 0-bathroom single family at 80 Door Package is listed at $9,999,315. The estimated monthly payment is $53,478 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Traci Mendenhall.

TM

Traci Mendenhall

Agent at Hartsock Realty LLC

Listed by Hartsock Realty LLC · Broker phone: (419) 303-8182 · View on Broker Site · Broker website

MLS# 311652· Source: West Central Association of Realtors· 41 days on PropertySimple

Copyright © 2026 West Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

80 Door Package, Lima, OH 45804

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