1132 E John St - Apartments FOR SALE


Springfield, OH 45505
$4,350,000 USD
614-264-3510
1132 E John St, Springfield, OH for Sale
$4,350,000 USD
Apartments - FOR SALE
1/32
null | 8.34% Cap Rate

1132 E John St
Springfield, OH 45505


HIGHLIGHTS

  • Spacious Townhome Floorplans - 1,100 square feet townhomes, 2-bedroom & 1.5 bathroom units
  • Highly Supply-Constrained Market - Robust 98.8% market occupancy and only 261 units delivered since 2010
  • Organic Effective Revenue Growth - Average leases show potential for 18.40% in organic rent growth
  • Other Income Opportunities - Potential to grow other income opportunities
  • Centrally Located To Other Economic Development Hubs

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$63 USD /SF

# OF UNITS

56

PRICE/UNIT

$77,679

CAP RATE

8.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southfield Village Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

96

LAND DETAILS

LAND ACRES

2.63 AC

LAND SF

114,563 SF

ZONING

Multi Family

APN/PARCEL ID

34-00700-02711-9012

ASK ABOUT THIS PROPERTY

Cody CareyColliersMore Info
614-264-3510

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Cody CareyColliersMore Info
614-264-3510

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