5319 S Dixie Hwy - Apartments FOR SALE


Cridersville, OH 45806
$1,000,000 USD
734-536-0991
5319 S Dixie Hwy, Cridersville, OH for Sale
$1,000,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

5319 S Dixie Hwy
Cridersville, OH 45806


HIGHLIGHTS

  • Value-Add Opportunity: Below market rents presents immediate upside through modest rent increases
  • Meticulously Maintained Property: Ownership has taken great care maintaining the asset with units receiving light renovations
  • Airbnb/Short-Term rental Potential: Proven success with short-term rental income providing an attractive alternative revenue stream
  • Proximity to Employment Hubs: Minutes from major industrial and manufacturing centers, including Husky Energy, Ford Engine Plant, and Procter & Gamble

OVERVIEW

Attractive Unit Mix: Well-balanced combination of one and two bedroom units

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

19

PRICE/UNIT

$52,632

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,783 SF

ZONING

-

APN/PARCEL ID

B05-035-032-00

ASK ABOUT THIS PROPERTY

Paul RussoFriedman Real EstateMore Info
734-536-0991

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

Paul RussoFriedman Real EstateMore Info
734-536-0991

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