3212 Harry Lee Ln - Apartments FOR SALE


Cincinnati, OH 45239- White Oak
$1,699,000 USD
513-235-4109
3212 Harry Lee Ln, Cincinnati, OH for Sale
$1,699,000 USD
Apartments - FOR SALE
1/14
null | 10.55% Cap Rate

3212 Harry Lee Ln
Cincinnati, OH 45239
White Oak


HIGHLIGHTS

  • 3212 Harry Lee Lane presents the Harry Lee Apartments, a 20-unit apartment complex offering one and two-bedroom units.
  • Nestled in the White Oak neighborhood of Cincinnati, a well-established community where families stay for generations.
  • Significant CapEx has been invested into the property, enabling a stable investment opportunity.
  • White Oak is about 10 miles or a 20-minute drive to Downtown Cincinnati.

OVERVIEW

Investment Property Advisors is pleased to present for sale the Harry Lee Apartments, a 20-unit community located in Cincinnati's northwest corridor. These one—and two-bedroom garden apartments are fully occupied, giving the new owner immediate positive cash flow and the potential for substantial rent increases. Over the last 24 months, ownership has completed numerous capital improvements to the exterior of the buildings, interior common areas, and 14 of the apartments. Inquire today for more information on this stabilized investment opportunity.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$202 USD /SF

# OF UNITS

20

PRICE/UNIT

$84,950

CAP RATE

10.55%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

-

APN/PARCEL ID

510-0083-0025,510-0083-0026

ASK ABOUT THIS PROPERTY

Steve TurmanInvestment Property AdvisorsMore Info
513-235-4109

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Steve TurmanInvestment Property AdvisorsMore Info
513-235-4109

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