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- LoopNet Team
322-402 Edgewood Dr
Trenton, OH 45067
Trenton Place · Multifamily Property For Sale
·
32 Units
INVESTMENT HIGHLIGHTS
- Significant Capital Improvements Completed by Current Ownership
- Exceptionally Located Near Major Employment & Amenity Centers
- Effective Rent/SF Lagging Immediate Competition
PROPERTY FACTS
| No. Units | 32 | Lot Size | 1.21 AC |
| Property Type | Multifamily | Building Size | 29,080 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1990 |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 29,080 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1990 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Online Services
- Smoke Detector
ABOUT 322-402 EDGEWOOD DR , TRENTON, OH 45067
Capstone Apartment Partners is pleased to present Trenton Place—a 32-unit apartment community in Trenton, Ohio, located within the Cincinnati MSA. Trenton Place has received $170,000+ in capital investments throughout the current ownership period. Additionally, current ownership has focused on keeping the property consistently 100%+ occupied, rather than raising rents commensurate with the market—leaving significant room to immediately increase rents on new leases and renewals. Trenton Place is exceptionally well-located within Trenton, offering convenient access to the submarket’s extensive employment options, retail centers, and amenities. Supported by historically strong occupancy, a stable tenant base, excellent income demographics, and significant capital improvements, this asset provides an excellent opportunity for investors to break into the thriving Southwest Ohio apartment market or grow their existing footprint.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 32 | - | 848 - 951 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $361,710 | |
| Land Assessment | $67,200 | Total Assessment | $428,910 |
PROPERTY TAXES
