1400 Hickman Rd., Xenia, OH, 45385 - Available for Sale

Multifamily For Sale

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Country Meadows

1400 Hickman Rd., Xenia, OH 45385

Country Meadows
  • $1,750,000
  • 50
  • 48,918 SF
  • $35,000
  • Multifamily
  • Garden/Low-Rise
  • Investment
  • 1%
  • 8.60%
  • 98%
  • 3.16 SF
  • Find Out More...
Last Verified  5/11/2012 Listing ID  15814475

Highlights

  • Complete renovation completed 2008
  • Limited warranty on renovations
  • New plumbing and fixtures
  • New carpeting and tile
  • New Electrical service and service panels

Description

Huge income increase possible if leased to students! Manage it closely and see your income grow! Country Meadows is a three building 50 unit apartment complex located right next to Central State University. Remodeled 2007-2008, all units brought online 5/2008. New electric, plumbing, flooring, roofs, and other new items. Coin operated laundry facilities in each building. Low vacancy rate, excellent cash flow and 2009 Cap rate of 8.6%. Currently only two units leased to students.

Xenia Township, property sits adjacent to Central State University

Financial Summary

Unit Mix Information

  • Actual
  • 2007
  • $296,800
  • $267,120
  • $105,603
  • $161,525
  • $53,028

Map of 1400 Hickman Rd., Xenia, OH 45385 (Greene County)

Contact Listing Broker to find out more details.

Presented by

NAI Dayton

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David Dickinson (937) 572-1222

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Created 7/22/2008

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David Dickinson
David Dickinson

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Additional Information for 1400 Hickman Road, Xenia, OH 45385

Asking Price Index Trends for Xenia, OH Multifamily For Sale

  Mar 12 vs. 3 mo.
prior
Y-O-Y
-
State
$29,925-0.1%-1.0%
-
Metro
$22,251-2.7%-4.8%

View Xenia Market Trends for other property types for sale or lease. Learn more about the chart info.