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INVESTMENT HIGHLIGHTS
- 4404 Verne Avenue, The Flats 28, is a 28 one-bedroom/ one-bathroom apartment building ready for redevelopment.
- MG Zoning enables industrial and manufacturing uses on-site, as well.
- Building is presented to the market in shall condition and completely vacant.
- There are approved plans and permits in-place.
EXECUTIVE SUMMARY
The Flats-28 is located in the Oakley Submarket of Cincinnati, Ohio. This is a full renovation project with approved plans and permits. All the units have been demoed. This is a very rare opportunity in a supply-constrained area. Building approved plans are available for qualified buyers.
Email: Nick.andrews@marcusmillichap.com to schedule a tour.
Email: Nick.andrews@marcusmillichap.com to schedule a tour.
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 28 | - | - |
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 050-0002-0042 | Improvements Assessment | $112,903 |
| Land Assessment | $83,300 | Total Assessment | $196,203 |
PROPERTY TAXES
Parcel Number
050-0002-0042
Land Assessment
$83,300
Improvements Assessment
$112,903
Total Assessment
$196,203
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The Flats 28 | 4404 Verne Ave
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