240 N Wayne Ave | Lockland, OH 45215
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240 N Wayne Ave
Lockland, OH 45215
240 N Wayne - 4 Unit · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- 100% Occupied | 9.66% Cap Rate | 22.95% Cash on Cash Return (YR 1)
- Tenants Pay Heat & Electric | Owner Pays Water, Sewer, and Trash
- VALUE ADD OPPORTUNITY
- Rents $150 Below Market Rate
- Can be sold with 1055 Van Buren (4-Unit) $129,000
PROPERTY FACTS
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Lot Size | 0.14 AC | Year Built/Renovated | 1939/2009 |
| Building Size | 2,632 SF | ||
| Zoning | 401 APARTMENT, 4-19 UNITS | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Lot Size | 0.14 AC |
| Building Size | 2,632 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1939/2009 |
| Zoning | 401 APARTMENT, 4-19 UNITS |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $526.00 | 600 |
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