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 hours drive from Detroit.Over 93 million people live within a 500-mile radius of northwest Ohio. This amount comprises 38% of the U.S. population and 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 which comprise 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 any 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.