5928 Belmont Ave - Apartments FOR SALE


Cincinnati, OH 45224- College Hill
$3,100,000 USD
513-541-8687
5928 Belmont Ave, Cincinnati, OH for Sale
$3,100,000 USD
Apartments - FOR SALE
1/20
null | 8.44% Cap Rate

5928 Belmont Ave
Cincinnati, OH 45224
College Hill


HIGHLIGHTS

  • Family owned and operated for 23 years
  • Beautiful, vibrant neighborhood and park-like setting
  • Well maintained, secure 4 unit brick buildings, low vacancy

OVERVIEW

We are pleased to announce the listing of the beautiful, well maintained 32 unit multi-family apartment complex in the vibrant College Hill area that has been under our family's care for the last 23 years.   With an historically high occupancy rate and gorgeous location surrounded by lovely homes and mansions, this will make a fantastic asset for any buyer.  We are also pleased to offer a 2.5% commission to either buyer's agent or agent who brings a successful buyer to closing.   This property is For Sale By Owner.  We are looking to "retire" after 26 years in the industry. Call or text Lisa at 513-541-8687 or email Lisa@apartmenthome.info and i will send you our Profit and Loss/T12 or set up a showing of common areas or any vacants. In order to make an offer, a tour of the property must be set up first. Thank you!

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$170 USD /SF

# OF UNITS

32

PRICE/UNIT

$96,875

CAP RATE

8.44%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Belmont Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.12 AC

LAND SF

92,217 SF

ZONING

R-4, Cincinnati

APN/PARCEL ID

229-0003-0009

ASK ABOUT THIS PROPERTY

Lisa EveringhamEveringham PropertiesMore Info
513-541-8687

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Lisa EveringhamEveringham PropertiesMore Info
513-541-8687

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