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6212-6234 Cheviot Rd
Cincinnati, OH 45247
Village Square Apartments · Multifamily Property For Sale
·
75 Units
PROPERTY FACTS
| No. Units | 75 | Lot Size | 3.97 AC |
| Property Type | Multifamily | Building Size | 61,200 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1981 |
| Building Class | C | Parking Ratio | 2.67/1,000 SF |
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.97 AC |
| Building Size | 61,200 SF |
| No. Stories | 3 |
| Year Built | 1981 |
| Parking Ratio | 2.67/1,000 SF |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Washer/Dryer Hookup
- Kitchen
- Vaulted Ceiling
- High Speed Internet Access
- Satellite TV
SITE AMENITIES
- Controlled Access
- Security System
ABOUT 6212-6234 CHEVIOT RD , CINCINNATI, OH 45247
Investment Property Advisors is pleased to offer for sale the Village Square Apartments, a 72-unit community located in White Oak in north east Cincinnati inside the I-275 belt. The property was built in the 1980's and features all two bedroom units with separately metered utilities. Recent exterior upgrades include new siding, roofs, gutters and repairs to the concrete parking lot. The value-add component for the next owner consists of interior upgrades to the apartments. The current average rent per unit is $625. Market rent comparables for upgraded units is $750 to $775 per month.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 75 | - | 825 - 850 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,060,868 | |
| Land Assessment | $194,040 | Total Assessment | $1,254,908 |
PROPERTY TAXES
