Historical Multifamily Sale Listing - Woodgate Apartments

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Woodgate Apartments

1433 Covington Avenue, Piqua, OH 45356

N/A

48 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
48
Building Size:
27,648 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
9.40%
Occupancy:
98%
No. Stories:
1
Year Built:
1973
Lot Size:
2.70 AC
Listing ID
16872607
Last Updated
over 1 year ago

Highlights

  • Clean, well maintained apartment community
  • Central heat/air
  • Single story Cardinal construction
  • Directly across the street from new Kroger anchored shopping center
  • Owner does no advertising-great location and frontage

Description

Woodgate Apartments is comprised of 48 units total with 46 one bedroom units and 2 two bedroom units. The property is currently 98% rented. The tenants are responsible for their own heat/air while the owner supplies the water and trash. The property is in outstanding shape inside and out. There is an onsite seller owned laundry facility, ample parking, separate unit entrances, and private patios for each unit.

The subject property is located at 1433 Covington Avenue in Piqua, Ohio. Directly across the street from the property is a new Kroger Anchored shopping center including a new McDonald's, Burger King, Taco Bell, Sonic and Auto Zone.

Map of 1433 Covington Avenue, Piqua, OH 45356 (Miami County)

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Created 10/14/2010