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384 N Franklin St
Richwood, OH 43344
3T's Townhomes · Multifamily Property For Sale
·
30 Units
Investment Highlights
- 2025 NEW CONSTRUCTION - 30 Units - 10 Townhome Style Buildings
- In-Place 6.2% Cap Rate, Projected 6.8% - 7.3% Stabilized Yield - STRONG Rent Growth Trajectory ($1350 - $1450 Target)
- Individually Metered Utilities (Tenant Pays Electric & Water/Sewer), In-Unit Washer & Dryer in every unit
- 95% Occupied
- Low Expense Profile & Predictable Operations
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Wi-Fi
- Double Pane Windows
- Family Room
- Loft Layout
- Patio
- Vinyl Flooring
- Window Coverings
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 30 | $1,189 | 1,150 |
Property Taxes
| Parcel Number | 06-0008027-0000 | Improvements Assessment | $0 |
| Land Assessment | $18,470 | Total Assessment | $18,470 |
Property Taxes
Parcel Number
06-0008027-0000
Land Assessment
$18,470
Improvements Assessment
$0
Total Assessment
$18,470
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