Oakwood Townhomes
1599 Twin Oaks Drive | Toledo, OH 43615
DOC
CENTER
QUICK STATS
125,470 SF
SF:
11.61 units/acre
Density:
877 SF
Average SF:
$1.05
Rent / SF:
214 Grade Level Spaces
Total Parking
1 and 2
Stories
23
Buildings
1986
Built
143
UNITS
12.32 acres
Site Size / Acreage:
[CEROS OBJECT]
AMENITIES
• Wood Burning Fireplace
• Patio / Balcony
• Swimming Pool
• Sundeck
• Clubhouse
• Picnic Area
*In Select Units
• Air Conditioning
• Vaulted Ceilings
• Fully Equipped Kitchen
• Breakfast Bar
• Vinyl Flooring
• Walk-In Closets
• Washer / Dryer In Unit*
[CEROS OBJECT]
[CEROS OBJECT]
Unexplored Value-Add Opportunity
100% Classic Units
Strategic Location
I-475; I-75; I-90
Rent Share of Wallet
Toledo Metro - 20.2% | National Average - 31.4%
Quality Submarket Metrics
5% Rent Growth; 96% Occupancy Rate
Exceptional Unit Mix
25% - 1 Bed; 68% - 2 Bed; 7% - 3 Bed
Limited New Supply
All Private Entrances
Offered Well Below Replacement Value
PROPERTY HIGHLIGHTS
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LOCATION
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Oakwood Townhomes and Villas
1599 Twin Oaks Drive | Toledo, OH 43615
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
260 E. Brown Street,
Ste 150
Birmingham, MI 48009
Investment Sales
Detroit Office
CONTACT Info
Mortgage Bankers
Aaron Moll
Senior Director
248.208.0529
aaron.moll@berkadia.com
Rick Brace
Senior Director
248.341.3319
rick.brace@berkadia.com
Conor David
Director
425.213.5103
conor.david@berkadia.com
Mike MCclafferty
Associate Director
215.328.1298
mike.mcclafferty@berkadia.com
Charley Henneghan
Director
248.341.3303
charley.henneghan@berkadia.com
Kevin P. Dillon
Senior Managing Director
248.341.3309
kevin.dillon@berkadia.com
Corey Krug
Senior Director
248.341.3338
corey.krug@berkadia.com
Jason Krug
Senior Managing Director
248.341.3344
jason.krug@berkadia.com
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Rick L. Vidrio
Managing Director
248.341.3325
rick.vidrio@berkadia.com
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6555 Longshore Street,
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Dublin, OH 43017
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Dave Sibbold
Managing Director
248.208.0522
david.sibbold@berkadia.com
Detroit tops the list of 37 markets around the country with the highest rent projections over the next five years. (Source: Axio & CoStar)
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