7743 Reading Rd - Apartments FOR SALE
Cincinnati, OH 45237 |
7743 Reading Rd
Cincinnati, OH 45237
HIGHLIGHTS
- Income Upside – Additional revenue potential from utility and pet fees could add approximately $54K annually.
- Below Market Rents – Current rents trail the market by about $172, offering room for increases.
- Loss-to-Lease Opportunity – Investors can recapture 7.27% in loss-to-lease, equating to roughly $53K in income.
- Prime Connectivity – Easy access to I-75, Ronald Reagan Hwy, Norwood Lateral, Montgomery Rd, and Reading Rd.
- Major Capital Upgrades – Extensive improvements include new roofs, windows, plumbing, electrical, laundry rooms, and upgraded units.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
The Bloks
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
51500
STORIES
2
YEAR BUILT
1947
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
117-0014-0210
