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About This Home
This 0-bedroom, 0-bathroom single family at 9755 Plank Road in Montville, OH is listed for $800,000. Built in 1976, on a 2.98 acres lot.
Prime Multi-Tenant Industrial Investment Opportunity in Montville Township! This highly functional industrial complex offers immediate stable cash flow with exceptional value-add potential. A diverse, income-producing asset featuring four massive drive-in bays (ranging from 900 to 7,800 SQFT) and 5,100 SQFT of dual-floor corporate office space.
The property features a strong, diversified tenant mix with one large owner-occupied space that could be used for an additional tenant. Cap rate would be significantly increased by leasing the current owner-occupied space which is not producing any rent.
Landlord overhead is kept exceptionally low: leases require tenants to manage their own interior HVAC/plumbing maintenance, while shared utilities are submetered or prorated. Zoning allows for many uses ranging from light industrial to commercial to specific retail businesses.
Perfect for an investor looking for a low-management, inflation-resistant asset or an owner-user wanting future expansion space. Do not miss out on this dominant regional footprint-call today for the full offering memorandum, current cap rate, and rent rolls.
Key Features
- Built in 1976
- 2.98 acre lot
- 2 stories
- 40 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$12,275/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
9755 Plank Road
Montville, OH 44064
Montville Sec 13
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 9755 Plank Road is listed at $800,000. The estimated monthly payment is $11,463 based on 20% down at 6.5% interest.
HOA fees are $7996/month.
Key features include: Built in 1976, 2.98 acre lot, 2 stories, 40 parking spaces.
This property is listed by Rick Osborne and can be reached at 4402995190 or rick.osbornejr@kw.com.