2201 Reading Rd - Apartments FOR SALE


Cincinnati, OH 45202- Mount Auburn
$1,590,000 USD
513-235-4109
2201 Reading Rd, Cincinnati, OH for Sale
$1,590,000 USD
Apartments - FOR SALE
1/23
null | 7.24% Cap Rate

2201 Reading Rd
Cincinnati, OH 45202
Mount Auburn


OVERVIEW

Investment Property Advisors is offering for sale Urban Crossing, a 6-unit property situated right on Reading Road, just a few minutes north of Downtown. This property offers easy access to all area attractions, so whether you’re driving or using Uber/Lyft, getting around is a breeze. Once downtown or in Over-the-Rhine, everything is walkable, and you can take advantage of the free Streetcar, as well as easily rentable scooters. This property can be used as an AirBnB, condo units, or high end apartments. For a value-add opportunity, elevate this six-unit building into the market’s top AirBnB quartile and unlock up to 50% growth in monthly gross revenue by refreshing with premium finished to immediately command premium nightly rates.

FOR SALE DETAILS

PRICE

$1,590,000 USD

PRICE/SF

$244 USD /SF

# OF UNITS

6

PRICE/UNIT

$265,000

CAP RATE

7.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Urban Crossing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,225 SF

ZONING

RMX

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Steve TurmanInvestment Property AdvisorsMore Info
513-235-4109

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Steve TurmanInvestment Property AdvisorsMore Info
513-235-4109

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