2622 Victory Pky
Cincinnati, OH 45206
Multifamily Property For Sale
·
33 Units
Property Facts
| No. Units | 33 | Building Size | 22,662 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1931 |
| Building Class | C | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 0.39 AC | ||
| Zoning | OL | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 22,662 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1931 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | OL |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
About 2622 VICTORY PKY , CINCINNATI, OH 45206
C.A.P. Real Estate Brokerage is pleased to present the apartments at 2622-26 Victory Parkway, located in the Cincinnati neighborhood of East Walnut Hills. This well maintained property is ideally located to draw tenants from the regentrifying east side of Cincinnati. The 33 unit property, consists of 14 efficiencies, 16 one-bedroom, and three two-bedroom apartments. Heat, water, and trash are owner paid, while tenants pay for electric. All the apartments are easily maintained and feature hardwood floors throughout. There are 15 garages not being used currently. Electric upgraded in 2015. All three boilers have been replaced-one done in 2016. The property provides numerous potential upside options while still providing rental upside and boasting 100% occupancy with strong historical occupancy and below market rents with big loss to lease/utility bill back potential as well.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 14 | $400.00 | 493 |
| 1+1 | 16 | $450.00 | 550 |
| 2+1 | 3 | $550.00 | 987 |
Property Taxes
| Parcel Number | 066-0001-0089 | Improvements Assessment | $51,391 |
| Land Assessment | $11,200 | Total Assessment | $62,591 |
Property Taxes
