1668 Glen Parker Ave - Multi-Family FOR SALE


Cincinnati, OH 45223- Northside
$1,250,000 USD
513-520-3540
1668 Glen Parker Ave, Cincinnati, OH for Sale
$1,250,000 USD
Multi-Family - FOR SALE
1/28
null | 7.11% Cap Rate

1668 Glen Parker Ave
Cincinnati, OH 45223
Northside


HIGHLIGHTS

  • 11,200 SF Building, Built in 1966
  • 15 Units - 7 two beds, 8 one beds
  • 100% Occupancy
  • Value Add Opportunity
  • Several Recent Capital Improvements

OVERVIEW

Jennifer M. Donathan and Kyle Woodland are pleased to present for sale an excellent value add opportunity in the desirable Northside neighborhood of Cincinnati. The offering consists of 15 units. There are 7 two bed / one bath units and 8 one bed / one bath units. The owner pays for heat and water and tenants pay their own electric. Some of the recent capital improvements include new boiler approximately 2 years ago, replacement windows and doors within last 8 years, exterior paint last year, new water service line from the street to building about 2 years ago. The property is 100% occupied and well maintained.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

15

PRICE/UNIT

$83,333

CAP RATE

7.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

15 Unit Value Add Opportunity

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

197-0039-0098-00

ASK ABOUT THIS PROPERTY

Jennifer DonathanKW CommercialMore Info
513-520-3540

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Jennifer DonathanKW CommercialMore Info
513-520-3540

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