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5319 S Dixie Hwy 19 Unit Apartment Building $1,000,000 ($52,632/Unit) Cridersville, OH 45806
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity: Below market rents presents immediate upside through modest rent increases
- Airbnb/Short-Term rental Potential: Proven success with short-term rental income providing an attractive alternative revenue stream
- Meticulously Maintained Property: Ownership has taken great care maintaining the asset with units receiving light renovations
- Proximity to Employment Hubs: Minutes from major industrial and manufacturing centers, including Husky Energy, Ford Engine Plant, and Procter & Gamble
EXECUTIVE SUMMARY
Attractive Unit Mix: Well-balanced combination of one and two bedroom units
PROPERTY FACTS
| Price | $1,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $52,632 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.67 AC |
| No. Units | 19 | Building Size | 8,017 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1994 |
| Price | $1,000,000 |
| Price Per Unit | $52,632 |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.67 AC |
| Building Size | 8,017 SF |
| No. Stories | 1 |
| Year Built | 1994 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 19 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | B05-035-032-00 | Improvements Assessment | $336,470 |
| Land Assessment | $17,100 | Total Assessment | $353,570 |
PROPERTY TAXES
Parcel Number
B05-035-032-00
Land Assessment
$17,100
Improvements Assessment
$336,470
Total Assessment
$353,570
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5319 S Dixie Hwy
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