7743 Reading Rd - Apartments FOR SALE


Cincinnati, OH 45237- Roselawn
$3,799,999 USD
219-384-7994
7743 Reading Rd, Cincinnati, OH for Sale
$3,799,999 USD
Apartments - FOR SALE
1/18
null | 9.9% Cap Rate

7743 Reading Rd
Cincinnati, OH 45237
Roselawn


HIGHLIGHTS

  • All 86 units are turn key remodels
  • New Roof, Gutters and Downspouts on Exterior
  • New Electrical and plumbing systems throughout the property

OVERVIEW

Ellsbury Group is pleased to present The Bloks – an exceptional 86-unit investment opportunity located in the Roselawn neighborhood of Cincinnati. Priced aggressively at $3,799,999 ($44,186 per unit), this asset represents a strong addition to any multifamily portfolio. This turnkey opportunity consists of 86 fully remodeled studio apartments, totaling over 30,000 rentable square feet across four buildings situated on a spacious 3.6-acre site. Originally built in 1947, the property underwent a comprehensive interior and exterior renovation in 2023, delivering modern, efficient living spaces while maintaining a quiet residential character throughout the community. Its location offers strong tenant appeal with convenient access to major highways, including I-75. Overall, The Bloks presents a rare opportunity to acquire a stabilized, turnkey asset with immediate operational efficiency, while also offering upside potential through proactive management and future rent optimization.

FOR SALE DETAILS

PRICE

$3,799,999 USD

PRICE/SF

$74 USD /SF

# OF UNITS

86

PRICE/UNIT

$44,186

CAP RATE

9.9%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Bloks

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.62 AC

LAND SF

157,687 SF

ZONING

CCA

APN/PARCEL ID

117-0014-0210

ASK ABOUT THIS PROPERTY

Xever LemieuxEllsbury Commercial GroupMore Info
219-384-7994

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Xever LemieuxEllsbury Commercial GroupMore Info
219-384-7994

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