6 Farview Ave - Multi-Family FOR SALE


Lebanon, OH 45036
$2,599,999 USD
513-470-9790
6 Farview Ave, Lebanon, OH for Sale
$2,599,999 USD
Multi-Family - FOR SALE
1/15
null | Request Cap Rate

6 Farview Ave
Lebanon, OH 45036


HIGHLIGHTS

  • Two-bedroom, 1.5-bath two-level layouts
  • Fully leased with stable, long-term tenants
  • Located just blocks from charming downtown Lebanon
  • In-unit laundry hookups in every unit
  • Ten units already renovated
  • Tenants pay their own utilities, keeping expenses low

OVERVIEW

Rare opportunity to acquire a 20-unit townhome community in the desirable Lebanon, Ohio market. Located just blocks from charming downtown Lebanon, the property features spacious two-level townhome layouts with in-unit laundry hookups. Tenants pay their own utilities, resulting in very low operating expenses for the owner. Ten units have already been renovated, with long-term tenancy in place and a clear path to increasing rents to market in a highly supply-constrained area. A compelling value-add opportunity in a strong, stable location. See attached financials.

FOR SALE DETAILS

PRICE

$2,599,999 USD

PRICE/SF

$260 USD /SF

# OF UNITS

20

PRICE/UNIT

$130,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

12-06-380-026

ASK ABOUT THIS PROPERTY

Matt PainterPrestige PropertiesMore Info
513-470-9790

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Matt PainterPrestige PropertiesMore Info
513-470-9790

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