3543-3549 Harvey Ave - Apartments FOR SALE


Cincinnati, OH 45229- Avondale
$2,095,000 USD
513-235-4109
3543-3549 Harvey Ave, Cincinnati, OH for Sale
$2,095,000 USD
Apartments - FOR SALE
1/11
null | 9.67% Cap Rate

3543-3549 Harvey Ave
Cincinnati, OH 45229
Avondale


OVERVIEW

Located in the vibrant Avondale neighborhood of Cincinnati, this renovated, multi-unit property offers a unique turnkey investment opportunity. This property has been extensively upgraded in the past year with a wide range of capital improvements. 26 of 33 units are fully renovated, setting the stage for continued growth and stability. With only one unit currently CHMA and high occupancy rates, the property demonstrates a strong track record of tenant demand and reliable cash flow. The renovations - ranging from updated interiors to enhanced building systems - ensure that the property has been transformed to attract and retain high-quality tenants. This investment offers immediate cash flow with minimal risk, enhanced by the neighborhood's ongoing development and proximity to major transportation routes and amenities, like the Cincinnati Zoo. The Avondale area continues to see growth, making this property an attractive option for long-term appreciation.

FOR SALE DETAILS

PRICE

$2,095,000 USD

PRICE/SF

$54 USD /SF

# OF UNITS

33

PRICE/UNIT

$63,485

CAP RATE

9.67%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harvey Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1919

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,267 SF

ZONING

RM-1.2

APN/PARCEL ID

113-0002-0030

ASK ABOUT THIS PROPERTY

Steve TurmanInvestment Property AdvisorsMore Info
513-235-4109

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

Steve TurmanInvestment Property AdvisorsMore Info
513-235-4109

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