1132 E John St | Springfield, OH 45505
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- LoopNet Team
1132 E John St
Springfield, OH 45505
Southfield Village Apartments · Multifamily Property For Sale
·
56 Units
INVESTMENT HIGHLIGHTS
- Spacious Townhome Floorplans - 1,100 square feet townhomes, 2-bedroom & 1.5 bathroom units
- Organic Effective Revenue Growth - Average leases show potential for 18.40% in organic rent growth
- Centrally Located To Other Economic Development Hubs
- Highly Supply-Constrained Market - Robust 98.8% market occupancy and only 261 units delivered since 2010
- Other Income Opportunities - Potential to grow other income opportunities
PROPERTY FACTS
| No. Units | 56 | Building Size | 68,884 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1967 |
| Building Class | C | Parking Ratio | 1.01/1,000 SF |
| Lot Size | 2.63 AC | ||
| Zoning | Multi Family - Multifamily 40+ Units | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.63 AC |
| Building Size | 68,884 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | Multi Family - Multifamily 40+ Units |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Hardwood Floors
- Refrigerator
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 56 | - | 1,100 |
PROPERTY TAXES
| Parcel Number | 34-00700-02711-9012 | Improvements Assessment | $395,390 |
| Land Assessment | $80,130 | Total Assessment | $475,520 |
PROPERTY TAXES
Parcel Number
34-00700-02711-9012
Land Assessment
$80,130
Improvements Assessment
$395,390
Total Assessment
$475,520
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