2904 Alms Pl - Apartments FOR SALE


Cincinnati, OH 45206- Walnut Hills
$1,150,000 USD
513-739-0058
2904 Alms Pl, Cincinnati, OH for Sale
$1,150,000 USD
Apartments - FOR SALE
1/12
null | 8.19% Cap Rate

2904 Alms Pl
Cincinnati, OH 45206
Walnut Hills


OVERVIEW

SABRE Group is pleased to present 2904 Alms Place, a large, 10-unit building over 12,000 square feet in the booming submarket of Walnut Hills. The property has undergone a significant renovation over the last 3+ years. The certificate of occupancy was obtained in 2024 with leasing completed in early 2025. This historic building boasts spacious units, averaging approximately 1,000 square feet, with 12-foot+ ceilings. All units were updated with new LVP flooring, carpeted bedrooms, remodeled bathrooms, granite countertops, white cabinetry, stainless appliances, modern light fixtures, and new ceiling fans. Additionally, a new laundry room was added to the basement. The incoming investor can enjoy cash flow from day one of this fully occupied and renovated asset.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$91 USD /SF

# OF UNITS

10

PRICE/UNIT

$115,000

CAP RATE

8.19%

% 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

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

RM-1.2

APN/PARCEL ID

066-0002-0260

ASK ABOUT THIS PROPERTY

JD SchmergeSABRE Group | Multifamily AdvisorsMore Info
513-739-0058

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

JD SchmergeSABRE Group | Multifamily AdvisorsMore Info
513-739-0058

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