This Multifamily Property is Off-Market.

4656-4674 Rapid Run Road
Cincinnati, OH 45238 ·

96 Units · Multifamily For Sale

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Rapid Run Terrace and Villa Apartments

Price N/A Cap Rate 10%
No. Units 96 Occupancy 97%
Building Size 76,124 SF No. Stories 3
Property Type Multifamily Year Built 1974
Property Sub-type Garden/Low-Rise Lot Size 3.15 SF
Property Use Type Investment Parking Ratio 1.44 / 1,000 SF
Listing ID: 16581446 Date Created: 02/21/2010 Last Updated: 02/24/2010

Description

Rapid Run Terrace Apt 72 unit (66-2 Bedrooms, 6-1 Bedrooms)
Rapid Run Villa Apt 24 unit (18-1 Bedrooms, 6-2 Bedrooms)

Properties are adjacent, can be sold seperately.

Rapid Run Villa and Rapid Run Terrace Apartments are located in the western part of Cincinnati (Covedale). Conveniently served by the I-75 ; I-74; and Western Hills viaduct.

Highlights

  • Well maintained adjacent properties. Low vacancy, resident manager.
  • Video surveillance of both indoor and exterior recorded to DVR and viewable over the internet.
  • All main entrances are key access only. Nice neighborhood enviroment close to bus and shopping
  • 8 building with 12 units per building. Coin operated laundry rooms in each building. Solid masonary,
  • steel joist, concrete floors and balconies.
  • Large off-street private parking lot with tenant assigned spaces. Purchased from original Owner/Builder

Research

4656-4674 Rapid Run Road, Cincinnati, OH 45238 (Hamilton County)

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