2332 Iroll Ave - Apartments FOR SALE


Cincinnati, OH 45225- East Westwood
$925,000 USD
513-601-5601
2332 Iroll Ave, Cincinnati, OH for Sale
$925,000 USD
Apartments - FOR SALE
1/24
null | 6.99% Cap Rate

2332 Iroll Ave
Cincinnati, OH 45225
East Westwood


HIGHLIGHTS

  • Quiet neighborhood. High demand rental area. On bus line. Private parking lot. Turnkey operations. On site manager. Positive cash flow

OVERVIEW

Turnkey cash producing investment property. New roof. New windows. Very little deferred maintenance. 8 out of 11 units have been renovated. Good tenants. 100% occupancy. Westwood is a high demand rental market so there's very little vacancy time with any turnover. Large back parking lot. Quiet neighborhood. Selling as 1031 exchange. On site tenant helps manage building. Would also be easy property for out of town investor. Buyer's broker commission 2%.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

11

PRICE/UNIT

$84,091

CAP RATE

6.99%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

SF2

APN/PARCEL ID

224-0003-0045

ASK ABOUT THIS PROPERTY

Sun Ho DonovanNE Holdings LLCMore Info
513-601-5601

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Sun Ho DonovanNE Holdings LLCMore Info
513-601-5601

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