255 Warner St - Apartments FOR SALE


Cincinnati, OH 45219- Clifton
$11,750,000 USD
513-549-5226
255 Warner St, Cincinnati, OH for Sale
$11,750,000 USD
Apartments - FOR SALE
1/13
null | 6.38% Cap Rate

255 Warner St
Cincinnati, OH 45219
Clifton


HIGHLIGHTS

  • Historic architecture combined with modern upscale apartment finishes.
  • Located just a few blocks from the University of Cincinnati campus.
  • Multiple luxury floor plans featuring premium interior upgrades.
  • Gated private parking provides added security and resident convenience.
  • Individually metered utilities and parcel zoning allow flexible future use.
  • Strong long-term investment potential with multiple redevelopment options.

OVERVIEW

The Stratford is located just a few blocks away from the University of Cincinnati college campus. Boasting historical architecture and featuring upscale luxury apartments with eight different floor plans. All 2bdrm units & up comes with two full baths, stainless steel appliances, washer and dryer, granite countertops and original hardwood floors. All tenants enjoy gated private parking spaces and all units are equipped for tenants to pay their own utilities and property taxes. Plenty of room to increase rents up to market rent and yield at least $750K N.O.I. All units are zoned with individual parcel id's giving the option for units to be sold as condos. Would also make a fantastic hotel!

FOR SALE DETAILS

PRICE

$11,750,000 USD

PRICE/SF

$241 USD /SF

# OF UNITS

30

PRICE/UNIT

$391,667

CAP RATE

6.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Straford Condominiums

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

OG

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ali Abdur-RahmanPlum Tree RealtyMore Info
513-549-5226

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

Ali Abdur-RahmanPlum Tree RealtyMore Info
513-549-5226

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