10916 Reading Rd - Apartments FOR SALE


Cincinnati, OH 45241- Sharonville
$1,150,000 USD
513-935-0021
10916 Reading Rd, Cincinnati, OH for Sale
$1,150,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

10916 Reading Rd
Cincinnati, OH 45241
Sharonville


OVERVIEW

10916 Reading Road is a RARE 14-unit Multifamily opportunity in Sharonville, priced to sell at an 8.6% cap rate with strong in-place returns. The property features 11 one-bed units and 3 studios, generating $13,800 in monthly rent at full occupancy. Units include boiler heat and through-the-wall AC, with tenants paying separate electric, and RUBS implemented across all units. The property also offers 14 off-street parking spaces with a newly striped lot. Located next to Sharonville City Hall and across from the Queen City Sports Complex, currently undergoing a major renovation, the asset benefits from a prime location in a supply-constrained submarket.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$103 USD /SF

# OF UNITS

14

PRICE/UNIT

$82,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

SM-D

APN/PARCEL ID

608-0007-0016

ASK ABOUT THIS PROPERTY

Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

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Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.