Historical Multifamily Sale Listing - Rapid Run Terrace and Villa Apartments

Multifamily For Sale

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Rapid Run Terrace and Villa Apartments

4656-4674 Rapid Run Road, Cincinnati, OH 45238

N/A

96 Units | Multifamily

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Multifamily Property - Off Market

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

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

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.

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

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

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Created 2/21/2010