Whitehall Terrace

Sold | $12,000,000

Kent, OH | Units: 187 | Price Per Unit: $64,171 | Avg Sq Ft: 1,179 | DSC: 1.72 | Year 1 ROI: 13.62% | Listing Agent: JT Teringo

Location

Executive Summary

Whitehall is a 187-unit, townhouse-style community that consists of a strategic mix of one, two and three-bedroom floorplans, totaling 375 beds. The property has 10 different floorplans from one to three-bedroom for a diverse selection for tenants. Notably, 75% of the units at Whitehall are either two or three-bedroom units, with 1,360 sq.ft. as the average size of those units. Additionally, Whitehall has grandfather rights, by the city of Kent, where Whitehall can have more than two, non-family members in one dwelling unit, which is a decisive advantage in the marketplace.