Toledo, Ohio is a “five-star logistics region” with access to Cleveland, Columbus, Dayton, Chicago and Detroit.
With a population of 287,000, Toledo is the fourth largest city in Ohio, but it lies at the junction of two important highways – I-75 and I-80/90 and is only an hour’s drive from Detroit. Over 93 million people live within a 500-mile radius of North West Ohio – more than a third of the US population. Similarly, this this highly populated area accounts for an estimated 37% of U.S. retail sales.
The diversity of the region is one of the reasons hundreds of thousands of people live in the area. According to Regional Growth Partnership, “The Toledo metropolitan working age population is predicted to grow at a faster rate than the average United States growth rate.
Toledo has a vibrant arts and cultural scene, world-class universities and cutting-edge businesses all converge to make the area a great place to invest. Toledo benefits from numerous manufacturing facilities comprising one-fifth of Toledo’s economic base.
Toledo was recently voted the 2nd most affordable housing market for the US middle class and ranked 3rd best market for investing in single-family turnkey rentals. Toledo is less expensive than many other metropolitan areas making the rent more affordable for tenants.
As a company, we have now been selling in Toledo for 3 years and the majority of our product is Section 8, meaning that our investors have a product that provides a steady stream of passive income with excellent returns.
TOLEDO: AN INCREDIBLE CITY AND A PRIME INVESTMENT OPPORTUNITY
Toledo offers a huge amount of opportunity for individuals looking to invest in property. Located conveniently at the intersection of the US’s two most travelled highways, Toledo offers a prime destination for people across the country, giving it an extremely healthy letting population.
There is never a dull moment in Toledo, which is known to be home to a wide range of activities including culinary tours, glassblowing, live entertainment and many more. There is always more to explore in Toledo, which is part of the reason why it has become such a popular destination for setting up a home.
Some of Toledo’s most popular attractions include the world-renowned Toledo Museum of Art and Toledo Zoo and Aquarium. Boat rides on the Sandpiper Boar or Canal Experience give a one-of-a-kind experience of the city’s waterways, while the National Museum of the Great Lakes is also located in the city.
Attractions like the Aerial Course Adventure and the High Wire Cycle at Imagination Station bring the excitement, reflecting the high energy that Toledo offers around every corner. This is a sparkling city full of great opportunity.
Get in touch with our team today to find out more!