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Whitehall Apartments 3303 Riverside Dr 8 Unit Apartment Building $599,000 ($74,875/Unit) 8.22% Cap Rate Dayton, OH 45405



Executive Summary
This beautiful building would make any owner or tenant proud. It sits majestically on the hill overlooking Riverside Drive.
The building appears to be in very good condition. There is natural oak woodwork and a 20 bulb chandelier that adds
warmth and charm to this fantastic property. Tenants pay heat and electric. The building consists of four 2-bedroom
and four 1-bedroom apartments. Two of the two-bedroom units have a fireplace and two of the two-bedroom units
have a nice built-in bookcase. The building includes rear parking for it's tenants. Cherry wood finishes throughout the
property, Fully occupied.
The building appears to be in very good condition. There is natural oak woodwork and a 20 bulb chandelier that adds
warmth and charm to this fantastic property. Tenants pay heat and electric. The building consists of four 2-bedroom
and four 1-bedroom apartments. Two of the two-bedroom units have a fireplace and two of the two-bedroom units
have a nice built-in bookcase. The building includes rear parking for it's tenants. Cherry wood finishes throughout the
property, Fully occupied.
Property Facts
| Price | $599,000 | Apartment Style | Low-Rise |
| Price Per Unit | $74,875 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 8.22% | Building Size | 8,600 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Parking Ratio | 0.81/1,000 SF |
| Zoning | Residential | ||
| Price | $599,000 |
| Price Per Unit | $74,875 |
| Sale Type | Investment |
| Cap Rate | 8.22% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 8,600 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 550 |
| 2+1.5 | 4 | - | 1,120 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $80,080 | |
| Land Assessment | $10,360 | Total Assessment | $90,440 |
Property Taxes
Parcel Numbers
Land Assessment
$10,360
Improvements Assessment
$80,080
Total Assessment
$90,440
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Whitehall Apartments | 3303 Riverside Dr
