300 Sal Blvd - Apartments FOR SALE


Trenton, OH 45067
$1,625,000 USD
440-474-2269
300 Sal Blvd, Trenton, OH for Sale
$1,625,000 USD
Apartments - FOR SALE
1/16
null | 7.26% Cap Rate

300 Sal Blvd
Trenton, OH 45067


HIGHLIGHTS

  • Built in 1996 and eight units renovated since 2023
  • All two-bedroom townhouses with washer/dryer hookups
  • 100% occupied as of 1/23/26
  • Tenants pay for electric (heating and cooling) and water (individually metered)
  • Growing population within the Cincinnati MSA
  • Average household income for the zip code is around $88,000

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$123 USD /SF

# OF UNITS

12

PRICE/UNIT

$135,417

CAP RATE

7.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sal Boulevard

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1996

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

-

APN/PARCEL ID

R8000-005-000-106,R8000-005-000-107,R8000-005-000-108,R8000-005-000-109

ASK ABOUT THIS PROPERTY

Jordan DickmanMarcus & MillichapMore Info
440-474-2269

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Jordan DickmanMarcus & MillichapMore Info
440-474-2269

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