1200 Lincoln Ave - Apartments FOR SALE


Cincinnati, OH 45206- Walnut Hills
$650,000 USD
513-745-9333
1200 Lincoln Ave, Cincinnati, OH for Sale
$650,000 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate

1200 Lincoln Ave
Cincinnati, OH 45206
Walnut Hills


HIGHLIGHTS

  • Walnut Hills Submarket
  • (1) 1BD/1BA (2) 2BD/1BA (1) Commercial Space
  • Cap Rate- 7.27%
  • 100% Occupied
  • Value-Add Opportunity

OVERVIEW

3CRE is pleased to present a mixed-use investment opportunity at 1200 Lincoln Avenue, Cincinnati, OH 45206. This well-maintained property comprises eight residential units, including one one-bedroom and seven two-bedroom units, offering a strong unit mix well-suited to local rental demand. Additionally, the property features a ground-level commercial space, currently occupied by a long-standing barbershop, providing a stable secondary income stream and enhancing the property's mixed-use appeal. This well-located property offers strong rental potential in a high-demand area. Tenants will enjoy convenient access within 4 miles to Rookwood Commons, Eden Park, downtown, and major Uptown amenities. Just a few miles from Xavier University, the University of Cincinnati, Cincinnati Children’s Hospital, UC Health, Christ Hospital, and the new Digital Futures complex, the location appeals to students, healthcare professionals, and university staff. Its central location near top educational, medical, and research institutions makes it ideal for attracting stable, long-term tenants and generating solid rental income.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$556 USD /SF

# OF UNITS

9

PRICE/UNIT

$72,222

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Multifamily Complex | Walnut Hills

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

066-0002-0219

ASK ABOUT THIS PROPERTY

Tryfon Christoforou3CRE Advisors, LLCMore Info
513-745-9333

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Tryfon Christoforou3CRE Advisors, LLCMore Info
513-745-9333

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