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Sweetbriar Apartments 1917-2011 Sweetbriar Ln 56 Unit Apartment Building $3,800,000 ($67,857/Unit) Springfield, OH 45505
Investment Highlights
- Strong Occupancy
- About 50 units have seen varying levels of renovations
- 3/4 Buildings have new roofs
Executive Summary
Sweetbriar Apartments are located in Springfield, Ohio and contain 55 spacious
two-bedroom and one-bath units, each measuring 751 square feet and one onebedroom,
one-bath unit measuring 581 square feet. The complex was built in
1952 and has been well maintained over the years.
Currently Sweetbriar is currently operating at 94.6% physical occupancy and
has maintained this level of performance for many years.
two-bedroom and one-bath units, each measuring 751 square feet and one onebedroom,
one-bath unit measuring 581 square feet. The complex was built in
1952 and has been well maintained over the years.
Currently Sweetbriar is currently operating at 94.6% physical occupancy and
has maintained this level of performance for many years.
Property Facts
| Price | $3,800,000 | Building Class | C |
| Price Per Unit | $67,857 | Lot Size | 5.54 AC |
| Sale Type | Investment | Building Size | 58,538 SF |
| No. Units | 56 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1952 |
| Apartment Style | Garden |
| Price | $3,800,000 |
| Price Per Unit | $67,857 |
| Sale Type | Investment |
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.54 AC |
| Building Size | 58,538 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1952 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 581 |
| 2+1 | 55 | - | 751 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $568,690 | |
| Land Assessment | $235,330 | Total Assessment | $804,020 |
Property Taxes
Parcel Numbers
Land Assessment
$235,330
Improvements Assessment
$568,690
Total Assessment
$804,020
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Sweetbriar Apartments | 1917-2011 Sweetbriar Ln
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