Jim King

2805 Digby Avenue
Cincinnati, OH 45220

$11,030,000

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Listing Details

  • $11,030,000
  • MLS# 1893888
  • Type Commercial - Business
  • Status Active
  • 0.380 acres
    Lot Size

Local Information

Listed By

Agency Name: Team Results Realty
Agent Name: Scott Marvin
Agency Phone: 614-382-2124

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Shown By

Agent Name: Jim King
Agent Phone: (513) 678-5164
Agency Title: Irongate Inc., Realtors

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Home Value Estimate


Description

Being sold as a package, this six-property, 104-unit portfolio is 100% occupied and offered at $11,030,000, or $106,058 per unit, with average in-place charges of $1,224 per unit. The portfolio is priced at a 7.53% cap rate based on historical T-12 actual financials. Located approximately two blocks from the University of Cincinnati, the properties benefit from exceptional proximity to campus, Uptown employment, and surrounding medical institutions. Strong demand from students, graduate students, faculty, and medical professionals, combined with convenient off-street parking, makes this a highly desirable and well-positioned portfolio....read more

Features

  • Central Air
  • Carpet
  • Gas
  • 3.0 Stories
  • Public

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