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Williamsburg Place Apartments
1221 Jackson Lane, Middletown, OH 45044
76 Units | Multifamily
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 51,561 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Listing ID
- Last Updated
- over 1 year ago
We are pleased to present Williamsburg Place Apartments, a 76 unit apartment home near stabilized property conveniently located at 1221 Jackson Lane in Middletown, OH. The community was originally constructed in 1966 and extensively renovated in 2007. This newly renovated property consists of (4) three story apartment buildings. The unit mix consists of (18) one bedroom / one bath units (589-646 square feet) and (58) two bedroom / one bath units (646-730 square feet).
Williamsburg Place Apartments benefits from an ideal Middletown, OH location in Butler County with easy access to both Dayton, OH and Cincinnati, OH. Additionally, Miami University' s Middletown campus sits just 2.8 miles or about a five minute drive from the subject property. Premier Health Campus Middletown, which recently opened, includes 750,000 square feet of newly constructed medical space and is scheduled to increase existing payrolls by 50 percent by 2020.
Investors will be able to further boost the net operating income through raising asking rents and burning off the in place concessions that are currently no longer being offered at the propery.
Please contact listing broker for more details.
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO