Marcus & Millichap is pleased to present Sal Boulevard, a 12-unit multifamily investment opportunity located in Trenton, Ohio within Butler County. The property is comprised of three adjacent four-unit townhouse buildings that are separately parceled, offering flexibility for future disposition. Constructed in 1996, the asset totals approximately 13,200 rentable square feet and consists entirely of 2-bedroom townhouse-style units.
Sal Boulevard is currently stabilized at 100% occupancy with eight units renovated and an average effective rent of $1,187. All units feature washer/dryer hookups with tenant-paid utilities, supporting strong operating efficiency and attractive financing options. The property is well positioned between Cincinnati and Dayton in a growing submarket supported by an approximately $88,000 average household income, population growth, and continued industrial and employment investment in the area.
Link to deal vault with OM, rent roll and financials: https://www.marcusmillichap.com/properties/195641/sal-boulevard