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1300 Cimarron Cir
Fairborn, OH 45324
Prime Apartments and Townhomes at Wright · Multifamily Property For Sale · 90 Units

INVESTMENT HIGHLIGHTS

  • The asset provides a nearly 25% of immediate economic upside through more targeted leasing and partnership with the university.
  • Units are currently being leased by the bed instead of by the unit, opportunity to lease out full units to students vs just beds

PROPERTY FACTS

No. Units 90
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 9.16 AC
Building Size 123,440 SF
No. Stories 4
Year Built 1986
Parking Ratio 1.22/1,000 SF
Zoning PD-1

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Kitchen
  • Vaulted Ceiling
  • High Speed Internet Access
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • Business Center
  • Fitness Center
  • Property Manager on Site
  • Security System
  • Gated
  • Tanning Salon
  • Furnished Units Available
  • Gameroom
  • Walking/Biking Trails

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 30 - 1,130
3+1.5 7 - 1,130
3+2 2 - 1,650
3+2.5 3 - 1,680
4+2 8 - 1,480
4+2.5 1 - 1,500
4+3 7 - 1,650 - 1,920
4+4 28 - 1,480
5+3 4 - 1,740

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A02-0002-0031-1-0001-00
Land Assessment
$154,510
Improvements Assessment
$2,865,280
Total Assessment
$3,019,790
  • Listing ID: 29949718

  • Date on Market: 11/2/2023

  • Last Updated:

  • Address: 1300 Cimarron Cir, Fairborn, OH 45324

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