350 Welsh View Drive & 101 N 40th Street

For Sale

350 Welsh View Drive & 101 N 40th Street, Newark, OH 43055

This Newark property for sale is located at 350 Welsh View Drive & 101 N 40th Street. The current listed sale price for 350 Welsh View Drive & 101 N 40th Street is $3,300,000. 350 Welsh View Drive & 101 N 40th Street is situated on a lot that is 2.45 acre in size.

Contacts

broker

Brad Shumaker

Shai-Hess Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 34,466 SF
  • Units 51
  • Lot Size 2.45 Acre
  • Additional Rent Contact for pricing
  • Date Updated Nov 4, 2024
Explore the thriving city of Newark, OH, where The Welsh View Apartments and 40th St Apartments are strategically located. Nestled in the north end of Newark, The Welsh View Apartments offer convenient access to local amenities, including fast food restaurants and grocery stores, all within easy walking distance. Also, within proximity to the N. 21st St entrance and exit for SR-16. The 40th Street Apartments are just a short drive away and are located near Thornwood Dr and SR-16 intersection. Licking Memorial Hospital, just a mile away, provides essential healthcare services. Positioned within the city of Newark, these properties offer a prime location for seamless management and easy access to all that the vibrant city has to offer.Exceptional multifamily investment opportunity. Properties are located at 350 Welsh View Drive and 101 N 40th Street in Newark, Ohio. Comprising a total of 51 units, these properties offer a compelling investment opportunity for the savvy investor. The Welsh View apartments offer 12,086SF and feature 10 one-bedroom, one-bathroom units and eight two-bedroom, one-bathroom units, all nestled on .69 acres of land. Just a short 2.5 mile drive to these, the 40th Street apartments present 22,380SF offering 32 one-bedroom, one-bathroom units and a two-bedroom, one-bathroom house with a two-car garage, previously used as the apartment manager's residence, all on 1.76 acres. Both properties boast the convenience of on-site coin-operated laundry facilities, enhancing their appeal to prospective tenants. With units thoughtfully designed for comfort and community appeal, these properties offer an enticing opportunity to capitalize on the thriving multifamily real estate market.

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Highlights

  • Excellent Investment Opportunity
  • 51 units total among 2 locations
  • Laundry facilities available on both sites

Attachments

Getting around

  • 69/100

    Walk Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newark, OH
  • Zip Code 43055
  • Market Columbus

Points of Interest

  • Duchess

    0.17 miles

  • Turkey Hill

    0.30 miles

  • Speedway

    0.55 miles

  • Murphy USA

    0.73 miles

  • BP

    0.87 miles

  • GetGo

    2.92 miles

  • Courtyard Newark Granville

    1.48 miles

  • University Inn

    1.62 miles

  • DoubleTree by Hilton

    1.73 miles

  • Cherry Valley Hotel, BW Premier Collection

    3.05 miles

  • Hampton

    3.61 miles

  • Super 8 by Wyndham Heath/Newark

    4.04 miles

  • Granville Inn

    4.71 miles

  • Buxton Inn

    4.73 miles

  • Best Western Lakewood Inn

    8.40 miles

  • Lake Inn

    9.58 miles

  • Kroger

    0.36 miles

  • ALDI

    0.63 miles

  • Walmart Supercenter

    0.74 miles

  • Kohl's

    0.77 miles

  • Giant Eagle

    2.60 miles

  • Big Lots

    2.77 miles

  • Sears

    3.18 miles

  • Indian Mound Mall

    3.20 miles

  • Target

    3.22 miles

  • JCPenney

    3.22 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brad Shumaker

Shai-Hess Commercial