This Multifamily Property is Off-Market.

1101 Wilmington Avenue
Dayton, OH 45420 ·

10 Units · Multifamily For Sale

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Multifamily Property For Sale

Price N/A Cap Rate 9.10%
No. Units 10 Occupancy 100%
Building Size 13,322 SF No. Stories 2
Property Type Multifamily Year Built 1963
Property Sub-type Garden/Low-Rise Lot Size 0.97 AC
Property Use Type Investment
Listing ID: 16949277 Date Created: 12/14/2010 Last Updated: 08/29/2011

Description

Very Unique 100% rented 10 unit apartment building comprised of very large (4) one bedroom, (4) two bedroom and (2) three bedroom garden style units. Each unit comes with central heat/air, walk in closets, private patio/balcony, off street covered parking, fireplaces and washer/dryer hookups. Owner pays only the water and trash. The property is very low maintenance with outstanding curb appeal. Good upside through better managment and rent increases on well below market rents.

The subject property is located at 1075-1101 Wilmington Avenue Dayton, Ohio 45420 just north of the corner of Wilmington Avenue and Patterson Road.

Highlights

  • Very unique 10 unit building
  • Great unit mix with very large square footage
  • Good upside through raising well below market rents
  • Covered parking available to each unit
  • Central heat/air
  • New roof

Research

1101 Wilmington Avenue, Dayton, OH 45420 (Montgomery County)

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