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Faith Village Apartments 3553-3559 Van Antwerp Pl 18 Unit Apartment Building $450,000 ($25,000/Unit) Cincinnati, OH 45229
EXECUTIVE SUMMARY
Court Appointed Receiver Sale. 4,860 SF, split between two (2) - 9 - unit brick apartment buildings, situated on a .349 acre lot. Buildings feature 18 1-bedroom units, currently at 33% occupancy.
Auction Date / Times
Auction Starts: Live Now
Auction Ends: December 2, 2025 @ 1pm ET
Sale Terms
A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price
As-Is, Where-Is
Sold free and clear of all liens
Taxes are prorated of the day of closing
Receiver will convey insurable title
Financing contingencies are not permitted
Due diligence contingencies are not permitted
Subject to court approval
Winning bidder must wire a ten percent (10%) deposit to escrow holder within 24 hours of the auction end
Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice
Auction Date / Times
Auction Starts: Live Now
Auction Ends: December 2, 2025 @ 1pm ET
Sale Terms
A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price
As-Is, Where-Is
Sold free and clear of all liens
Taxes are prorated of the day of closing
Receiver will convey insurable title
Financing contingencies are not permitted
Due diligence contingencies are not permitted
Subject to court approval
Winning bidder must wire a ten percent (10%) deposit to escrow holder within 24 hours of the auction end
Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice
PROPERTY FACTS
| Price | $450,000 | Building Class | C |
| Price Per Unit | $25,000 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 4,860 SF |
| Sale Condition | Distress Sale | Average Occupancy | 33% |
| No. Units | 18 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 3.7/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R6, Cincinnati | ||
| Price | $450,000 |
| Price Per Unit | $25,000 |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 4,860 SF |
| Average Occupancy | 33% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 3.7/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R6, Cincinnati |
1 1
PROPERTY TAXES
| Parcel Number | 112-0006-0045 | Improvements Assessment | $157,465 |
| Land Assessment | $26,460 | Total Assessment | $183,925 |
PROPERTY TAXES
Parcel Number
112-0006-0045
Land Assessment
$26,460
Improvements Assessment
$157,465
Total Assessment
$183,925
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Faith Village Apartments | 3553-3559 Van Antwerp Pl
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