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2258 Harrison Ave
Cincinnati, OH 45211
Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 5,253 SF |
| Property Type | Multifamily | Average Occupancy | 67% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | Parking Ratio | 2.46/1,000 SF |
| Lot Size | 0.47 AC | ||
| Zoning | RMX | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 5,253 SF |
| Average Occupancy | 67% |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 2.46/1,000 SF |
| Zoning | RMX |
ABOUT 2258 HARRISON AVE , CINCINNATI, OH 45211
Jennifer Donathan, Senior Investment Advisor at KW Commercial is pleased to present for sale the following value add opportunity. 2258 Harrison consists of 11 studios and 1 two bedroom apartment. The building is all brick with a pitched shingle roof. There are 4 stories, with off street parking in back of the building. Owner pays for all utilities. Heat is provided by a gas boiler. All units feature hardwood floors, electric stoves, full size kitchens and bathrooms. The adjacent 8 unit building at 2240 Harrison Avenue can also be purchased for a total of 20 units. The opportunity is to turn all vacant units and rent them out at market rents. The two bedroom is leased for $781 and the studios are currently leased for $425 - $450. There are 6 units occupied and 3 of the vacant units have applications from perspective tenants with a potential move in date in March 2020. The property is being sold in as-is condition and cash offers are preferred.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 11 | - | - |
PROPERTY TAXES
| Parcel Number | 206-0009-0068 | Improvements Assessment | $105,847 |
| Land Assessment | $32,340 | Total Assessment | $138,187 |
PROPERTY TAXES
