2846 Harrison Ave
Cincinnati, OH 45211
Royal Sentry · Multifamily Property For Sale
·
84 Units
Property Facts
| No. Units | 84 | Lot Size | 4.15 AC |
| Property Type | Multifamily | Building Size | 58,933 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 1.99/1,000 SF |
| Zoning | RM-2.0 | ||
| No. Units | 84 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 4.15 AC |
| Building Size | 58,933 SF |
| No. Stories | 3 |
| Year Built | 1978 |
| Parking Ratio | 1.99/1,000 SF |
| Zoning | RM-2.0 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Carpet
- Patio
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
About 2846 HARRISON AVE , CINCINNATI, OH 45211
Capstone Apartment Partners is pleased to present Royal Sentry Apartments, an 84-unit apartment community centrally located in the Westwood neighborhood of Cincinnati, Ohio. Current ownership has spent over $110,000 on capital improvements to cure deferred maintenance, while maintaining solid cash flow at the property. An incoming investor can build on this by further increasing cash flow, absorbing the loss-to-lease on existing leases, as well as signing renewals and new leases at market rates currently being achieved at the property. Additionally, Royal Sentry is centrally located within Cincinnati and has excellent access to local employment centers and neighborhood amenities. Cincinnati is also one of the strongest apartment markets in the Midwest, and has a diversified economy supported by consistent employment growth, which, in turn, has fostered strong demand and consistent rent growth.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 36 | $485.00 | 486 |
| 2+1 | 48 | $560.00 | 682 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $816,642 | |
| Land Assessment | $135,895 | Total Assessment | $952,537 |
Property Taxes
