1615 E 29th St, Lorain, OH 44055
Graystone
Lorain, OH
Offering Summary
-
Address:
1615 E 29th St
Lorain, OH 44055 - Units: 48
- Year Built / Renovated: 1973 / 2020
- Average Unit Size: +/- 742 SF
- Average In-Place Rent (/SF): $859 ($1.16/SF)
- Leased Occupancy: 100%
Investment Highlights
• Owned and managed by local investment company
• Property underwent complete renovation beginning in 2020 including all new windows, HVAC, electrical, roofs, common areas, and units totaling nearly $1.2 million of improvements
• Majority two-bedroom floorplans (83%)
• Within 25 minutes of 5 major hospitals
• 2 Miles from the Port Lorain Marina featuring beaches, Lorain Harbor Boat Club, dining and nightlife, and summer festivals including Rockin on the River - Northern Ohio’s longest running and highest attended outdoor concert series
• Less than 15 minutes from Lorain County Community College (9,700+ students)
Copyright © 2025 Graystone. All rights reserved. Powered by SharpLaunch