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1308 Lyons Rd 6 Unit Apartment Building $899,000 ($149,833/Unit) 9.48% Cap Rate Centerville, OH 45458



Executive Summary
This is a very well maintained building, 6 unit apartment, located in Washington Township. Each apartment is approximately 1,200 square feet, each unit has two bedrooms, a large living room, two bathrooms, with a wood burning fireplace. The upper floor has cathedral ceilings and there are six two-car garages. This gorgeous property is located near the Dayton Mall with great shopping and restaurants. Tenants pay heat and electric.
Property Facts Under Contract
| Price | $899,000 | Apartment Style | Garden |
| Price Per Unit | $149,833 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.71 AC |
| Cap Rate | 9.48% | Building Size | 7,040 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1988/2022 |
| Zoning | Residential | ||
| Price | $899,000 |
| Price Per Unit | $149,833 |
| Sale Type | Investment |
| Cap Rate | 9.48% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.71 AC |
| Building Size | 7,040 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1988/2022 |
| Zoning | Residential |
Amenities
- Smoke Detector
Unit Amenities
- Fireplace
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Range
- Large Bedrooms
Site Amenities
- Private Bathroom
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Property Taxes
| Parcel Number | O67-23410-0006 | Improvements Assessment | $200,740 |
| Land Assessment | $25,870 | Total Assessment | $226,610 |
Property Taxes
Parcel Number
O67-23410-0006
Land Assessment
$25,870
Improvements Assessment
$200,740
Total Assessment
$226,610
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1308 Lyons Rd
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