2512-2516 Highland Ave - Apartments FOR SALE


Cincinnati, OH 45219- Corryville
$525,000 USD
513-841-7000
2512-2516 Highland Ave, Cincinnati, OH for Sale
$525,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

2512-2516 Highland Ave
Cincinnati, OH 45219
Corryville


HIGHLIGHTS

  • 24 Units

OVERVIEW

Court Appointed Receiver Sale – 2512-2518 Highland Ave. Two three-story brick buildings with 24-units. Located just 5 minutes north of downtown Cincinnati with convenient access to I-71. Situated on 0.347 acres offering ample off street parking. Currently 45% occupied, 2512 Highland Avenue offers significant value-add potential through lease-up and rent increases. This property presents a rare opportunity to acquire a well-located multifamily asset at a basis below replacement cost with strong potential for repositioning and long-term appreciation. A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price As-Is, Where-Is Sold free and clear of all liens Taxes are prorated of the day of closing Receiver will convey insurable title Financing contingencies are not permitted Due diligence contingencies are not permitted Subject to court approval Winning bidder must wire a ten percent (10%) deposit to escrow holder by 1pm ET January 14, 2026

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$30 USD /SF

# OF UNITS

24

PRICE/UNIT

$21,875

CAP RATE

Request Cap Rate

% LEASED

46%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,115 SF

ZONING

OG

APN/PARCEL ID

092-0001-0024

ASK ABOUT THIS PROPERTY

Jeff LaneProdigy PropertiesMore Info
513-841-7000

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Jeff LaneProdigy PropertiesMore Info
513-841-7000

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