9495 Reading Rd - Apartments FOR SALE


Cincinnati, OH 45215- Reading
$871,500 USD
513-935-0021
9495 Reading Rd, Cincinnati, OH for Sale
$871,500 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

9495 Reading Rd
Cincinnati, OH 45215
Reading


HIGHLIGHTS

  • 4 units across two buildings (12-unit + duplex) with diverse unit mix
  • Proforma rents of $13,200/month with value-add upside through RUBS and rent increases
  • Centrally located in Reading, a stable submarket with strong rental demand
  • Off-Street Parking

OVERVIEW

Price Improvement! 9495 Reading Rd. offers a 14-unit multifamily investment in the centrally located Reading neighborhood of Cincinnati. The property includes a 12-unit building and a duplex with a mix of 1 studio, 11 one-bedrooms, 1 two-bedroom, and 1 three-bedroom. The last vacant unit was fully renovated, ensuring all units are rent-ready. The 12-unit building is heated by a central boiler system, while all units are separately metered for electric. At pro forma, the property can generate $13,750 per month, equating to just $62,250 per door. Well-positioned in a stable submarket with strong rental demand, 9495 Reading Rd. is an ideal addition for investors looking to scale their portfolio.

FOR SALE DETAILS

PRICE

$871,500 USD

PRICE/SF

$143 USD /SF

# OF UNITS

14

PRICE/UNIT

$62,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

N/Av, Cincinnati

APN/PARCEL ID

671-0002-0188

ASK ABOUT THIS PROPERTY

Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

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Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

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