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710 Chalfonte Pl
Cincinnati, OH 45229
Chalfonte Place Apartments - 45 Units · Multifamily Property For Sale
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45 Units
Investment Highlights
- Loss-To-Lease: $95+ per unit in value add through raising rents to new CMHA rent limits
- New redevelopment multifamily project happening next door which will help rents increase over time
- Close Proximity to Downtown Cincinnati, Xavier University, and University of Cincinnati
- Property was fully renovated back in 2020, only small cosmetic changes could be done to continue to increase rents
Property Facts
| No. Units | 45 | Lot Size | 1.16 AC |
| Property Type | Multifamily | Building Size | 31,176 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.44/1,000 SF |
| Zoning | 403 - APARTMENT, 40+ UNIT | ||
| No. Units | 45 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.16 AC |
| Building Size | 31,176 SF |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | 403 - APARTMENT, 40+ UNIT |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Carpet
Site Amenities
- Laundry Facilities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | $580.00 | 500 |
| 1+1 | 23 | $733.00 | 700 |
| 2+1 | 12 | $1,006 | 900 |
Property Taxes
| Parcel Number | 112-0004-0017 | Improvements Assessment | $0 |
| Land Assessment | $10,976 | Total Assessment | $10,976 |
Property Taxes
Parcel Number
112-0004-0017
Land Assessment
$10,976
Improvements Assessment
$0
Total Assessment
$10,976
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