2525 Lakeview Ave - Apartments FOR SALE


Dayton, OH 45417- Lakeview
$530,000 USD
937-287-5129
2525 Lakeview Ave, Dayton, OH for Sale
$530,000 USD
Apartments - FOR SALE
1/14
null | 9.86% Cap Rate

2525 Lakeview Ave
Dayton, OH 45417
Lakeview


HIGHLIGHTS

  • Six of the units have been beautifully renovated
  • Seven 1-bedroom, 1 bath apartments
  • Two 2-bedroom, 1 bath apartments
  • Tenants pay for heat and electricity

OVERVIEW

Introducing an exceptional investment opportunity in Dayton, Ohio! This 8,288 SF multifamily property, nestled on Lakeview Ave, features a meticulously maintained 9-unit building erected in 1959. With a high occupancy rate, this property offers seven 1-bedroom, 1 bath apartments and two 2-bedroom, 1 bath apartments, with six of those units beautifully renovated. Tenants will appreciate the convenience of washer & dryer hookups and off-street parking. Tenants are responsible for heat and electricity. There are 65% new furnaces/water heaters Don’t miss out on this turnkey, income-generating asset! Follow the link below for a video of Lakeview #6: https://drive.google.com/file/d/1Ib8-tRw5qdQNfJQ-AtBd6PMLD0nCK-T-/view?usp=drivesdk

FOR SALE DETAILS

PRICE

$530,000 USD

PRICE/SF

$64 USD /SF

# OF UNITS

9

PRICE/UNIT

$58,889

CAP RATE

9.86%

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rice Terrace

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

R72-09608-0009

ASK ABOUT THIS PROPERTY

Doug BroomhallWest Fork Realty Group, LLCMore Info
937-287-5129

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Doug BroomhallWest Fork Realty Group, LLCMore Info
937-287-5129

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