200 Central Ave - Apartments FOR SALE


Dayton, OH 45406- Grafton Hill
$1,900,000 USD
818-384-6004
200 Central Ave, Dayton, OH for Sale
$1,900,000 USD
Apartments - FOR SALE
1/18
null | 7% Cap Rate

200 Central Ave
Dayton, OH 45406
Grafton Hill


HIGHLIGHTS

  • Great Grafton Hill Location
  • Newer windows, roofs,
  • Solid brick walls & 12 car garage

OVERVIEW

Great Location in the Grafton Hill Area , Surrounded by historical vintage homes. Close to Downtown (10 minute walk),public transportation, shopping, museums ! Building features many recent upgrades including newer roof, new windows, remodeled common areas; 80% of the units have been turned, electrical and plumbing upgrades; Capex exceeds Several hundred thousand over the past few years. Property could be taken to another level; Properties in the immediate area command higher rents; 12 car garage has been unused for 10 years(clean up and rent spaces out for additional income). Out of State Owners wishing to consolidate properties out of the area.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

42

PRICE/UNIT

$45,238

CAP RATE

7%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grafton Hill Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

MR-5

APN/PARCEL ID

R72-06501-0034

ASK ABOUT THIS PROPERTY

Robert Lee WaltersLeland PropertiesMore Info
818-384-6004

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

Robert Lee WaltersLeland PropertiesMore Info
818-384-6004

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