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Real Estate Auction – 5 Apartment Buildings, 40 Total Units in West Toledo!
Brooke Park Apartments
Toledo,
Ohio,
43612
Key Details
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PROPERTY DETAILS
Addresses: 1549, 1550, 1601, 1607 & 1642 Brooke Park, Toledo, OH An exceptional multi-family investment opportunity! This rare auction features five professionally managed apartment buildings, each offering 8 units for a total of 40 units in one convenient West Toledo location. These properties boast a strong 93% occupancy rate (37 of 40 units currently rented) and are highly sought-after by investors seeking stable income and portfolio growth. Each building ranges from 6,000 to 7,000 square feet, featuring a mix of 1- and 2-bedroom units sized from approximately 620± to 870± square feet. Many units have been remodeled, adding to their long-term appeal and rentability. Current rents range from $537 to $800 per month, with tenants responsible for electricity, while the owner covers water, sewer, and trash. Buyers may request a complete due diligence packet including interior photos of every unit, full rent rolls, current rents and deposits, rental history, and copies of all leases—ready to transfer seamlessly at closing. This is a rare chance to buy one building or all five—a true investor’s dream! Offers will be accepted prior to the auction, so don’t wait to secure one of Toledo’s most in-demand multi-family portfolios.
PROPERTY DOCUMENTS
TERMS & CONDITIONS
An earnest money deposit of 10% in the form of wire transfer is required within 24 hours of auction by Purchaser to Midland Title Co or a cashier's check delivered to Midland Title. Failure to adhere to the terms and conditions of the auction will constitute default and the Purchaser will be in breach of contract. Purchaser will be responsible for all legal fees and damages associated with the breach of contract from Beth Rose Auctions, LLC and the Seller. 10% Buyer’s Premium will be added to the final bid to establish the final sales price. No contingencies will be added to the Auction Purchase Agreement and no changes can be made. All agreements are considered cash. If financing is obtained by the purchaser no contingencies will be made by the seller.