Hot Picks - Maxfield Real Estate Group

E-Letter: Investment Real Estate Properties

The following real estate investment properties and opportunities were among those recently presented by brokers at the annual OCREA (Ohio Commercial Real Estate Exchange Assoc.) Summer Marketing Session in Columbus. If you would like more information about one of these properties, send an email indicating your interest to: or leave message: 440-962-3500. The 2-day event was attended by over 60 commercial brokers.


Most of these properties are available for Sale or Exchange or Creative Terms.

Property Type
Apartments 54-unit apartment renovation project; 5 acres SW of Youngstown $ 780k
Apartments 92-units; well-maintained; Gross $411,600 greater Columbus $ 2.5 m
Apartments 24 garden style 1-BR units; excellent condition and location; 3% vacancy; average rental rate: $419/mo; market rate $429/mo.  2002 actual gross $114,800 north of Columbus $ 799 k
Office Buildings 2 well-maintained brick buildings; 38,976 s.f.; 92% Occupancy;   Actual Gross $317,050; NOI $200k Columbus (airport) $ 1.85m
Commercial Land 18 acres at I-71 and SR 97 East side Northbound Bellville, Ohio $ 810k
Residential Land 29 acres in Indian Lake subdivision (1/2 acre lots) NW of Columbus $ 175k
Industrial 25,000 s.f. modern bldg. with 16 acres SE of Columbus $ 590k
Residential Land 65 home sites to develop; mid-100s range; 18 acres (SR 536)  Kentucky $ 540k
Residential Land 105 remaining ready-to-build home sites; $150k to $500k range; suburban golf course community; Any or All Lots; Sale or Exchange for income property Hutchinson, Kansas $1.395m
Mobile Home Park Newer park; 133 pads (120 park-owned rentals) plus 42 duplex apartments; daycare center lease 11% cap Oak Grove, KY $3.2 mm
RV Park Seasonal park/campground; Gross $209,600/season Sandusky, Ohio area $615 k
Medical Building 120-bed nursing home NNN Lease Dumas, Texas $1.98mm
Residential 57-unit Condo Conversion project Indiana $2.3mm
Office Complex Class “A” 66,516 s.f. NOI $759,977 Dayton, Ohio $7.73mm
Office Complex 2 buildings totaling 28,400s.f. + 3,850s.f. restaurant; NOI approx. $328k Saratoga, New York $3.8mm
Office Building 9,232s.f. expandable; Three tenants; NOI $72,425 Latham, New York $700k
Golf Courses (5) 18-hole Ohio golf course properties were presented.  Some with land for development. Central and Northern Ohio $2.8 to $9.9 mm

These interesting properties were personally selected by James Maxfield among the many presented. These properties are listed with other brokers and are subject to prior sale, exchange, withdrawal, or error.