31 Wyoming St
Newark, OH 43055
Single Family Rental Portfolio Ohio · Immeuble residentiel Bien À vendre

Single Family Rental Portfolio Opportunity Across Four Ohio Counties
This exceptional portfolio includes three distinct collections of homes, strategically located in Licking, Harrison, Guernsey, and Coshocton Counties, offering unparalleled potential for growth and stability. Each portfolio features multiple properties, providing a unique opportunity for both individual investors and groups looking to expand their real estate holdings in the heart of Ohio.
Licking County
Home to the highly anticipated Intel semiconductor chip plant, Licking County is experiencing rapid economic growth and development. This region presents an exciting opportunity for investment, with new infrastructure and job creation fueling the local economy. The properties in this area are positioned to capitalize on the increasing demand for housing driven by the booming tech industry and the expansion of the local workforce.
Harrison County
Harrison County has demonstrated remarkable economic growth, being identified as the fastest-growing local economy in Ohio. Between 2012 and 2015, the county's Gross Domestic Product (GDP) surged by 129.5%, reaching $732.2 million. Manufacturing emerged as the fastest-growing industry during this period. As of 2020, the county's population density was approximately 36 residents per square mile, indicating a balanced mix of residential and rural areas.
Guernsey County
In 2023, Guernsey County had a population of approximately 38,300 residents, with a median age of 42.7 years and a median household income of $55,756. Between 2022 and 2023, the population experienced a slight decline of 0.328%, while the median household income saw a 3.44% increase. Despite these demographic shifts, the county's properties offer potential for investment, especially in the context of its proximity to major economic developments in neighboring counties.
Coshocton County
Coshocton County, with a population of approximately 36,700 residents in 2023, has a median age of 41 years and a median household income of $54,687. The county's economy is diverse, with significant employment in manufacturing, health care, and retail trade. However, it's worth noting that the county's GDP growth rate has faced challenges, with a reported decline of 7% over the last year and a compound annual growth rate of -0.46% over the past 13 years. These factors may influence investment considerations, particularly in terms of long-term growth prospects.