$2,600,000 USD
513-334-3791
2346-2350 Boone Ave
Cincinnati, OH 45206
Mount Auburn
HIGHLIGHTS
- Complete Gut Renovation - Professional conversion completed 2022-2023
- Tenant-Paid Utilities - Individual electric and gas meters reduce landlord expenses
- Modern Building Systems - New HVAC, security, and building access controls
- CRA Abatement through 2030
- Additional Development Potential - Adjacent parking lot available for purchase separately
- Close Proximity to the University of Cincinnati, Downtown Cincinnati and Xavier University
FOR SALE DETAILS
PRICE
$2,600,000 USD
PRICE/SF
$254 USD /SF
# OF UNITS
14
PRICE/UNIT
$185,714
CAP RATE
6.1%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1929
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.2 AC
LAND SF
8,712 SF
ZONING
T4N.SF
APN/PARCEL ID
068-0002-0419
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513-334-3791
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513-334-3791
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