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300-400 Hillside Ave
Cincinnati, OH 45215
Anna Marie Apartments · Multifamily Property For Sale
·
79 Units
PROPERTY FACTS
| No. Units | 79 | Building Size | 47,120 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1968 |
| Building Class | C | Parking Ratio | 3.4/1,000 SF |
| Lot Size | 1.99 AC |
| No. Units | 79 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.99 AC |
| Building Size | 47,120 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built | 1968 |
| Parking Ratio | 3.4/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Public Transportation
ABOUT 300-400 HILLSIDE AVE , CINCINNATI, OH 45215
Capstone Apartment Partners is pleased to present Anna Marie Apartments, a 79-unit apartment community located in Lockland, a central suburb of Cincinnati, Ohio. Current ownership has made consistent 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, Anna Marie 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 for multi-family investors.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 19 | $515.00 | 500 |
| 2+1 | 60 | $615.00 | 627 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $622,679 | |
| Land Assessment | $215,670 | Total Assessment | $838,349 |
PROPERTY TAXES
