3935-3939 Wilma Ct - Apartments FOR SALE


Cincinnati, OH 45245- Withamsville
$2,650,000 USD
513-935-0021
3935-3939 Wilma Ct, Cincinnati, OH for Sale
$2,650,000 USD
Apartments - FOR SALE
1/38
null | 8.78% Cap Rate

3935-3939 Wilma Ct
Cincinnati, OH 45245
Withamsville


OVERVIEW

Turnkey 24-Unit Garden-Style Apartment Community 3935–3939 Wilma Ct is a 24-unit garden-style multifamily community offered at a 8.78% cap rate. The property consists of 10 two-bedroom and 14 one-bedroom apartments, with tenants paying electric and a RUBS program in place to offset owner utility costs. Each unit has its own HVAC system and individual water heater — keeping maintenance straightforward and landlord expenses low. The property features 36 surface parking spaces, providing ample on-site parking for residents. Upside remains through continued rent growth, implementation of hardwired internet as an additional income stream, and courtyard amenity improvements to strengthen the resident experience and support premium pricing. Located in Withamsville, 20 minutes from downtown Cincinnati via I-275, the property benefits from a suburban, residential setting with easy access to the broader Cincinnati metro. At a 8.78% cap, this is a high-performing asset with steady cash flow.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$126 USD /SF

# OF UNITS

24

PRICE/UNIT

$110,417

CAP RATE

8.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Village At Wilma Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

N/Av, Union Twp

APN/PARCEL ID

41-41-03.-067,41-41-03.-068,41-41-03.-069

ASK ABOUT THIS PROPERTY

Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

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Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

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