2535 Burnet Ave - Apartments FOR SALE


Cincinnati, OH 45219
$4,200,000 USD
513-493-1896
2535 Burnet Ave, Cincinnati, OH for Sale
$4,200,000 USD
Apartments - FOR SALE
1/19
null | 7.5% Cap Rate

2535 Burnet Ave
Cincinnati, OH 45219


HIGHLIGHTS

  • Situated in a highly desirable area of Cincinnati, with convenient access to local amenities, transportation, and key business hubs.
  • The building is completely occupied, providing immediate cash flow.
  • High-demand multi-family asset in a rapidly appreciating market
  • With a mix of upgraded and standard units, the potential for future rent increases makes this an even more attractive long-term investment.

OVERVIEW

Discover an exceptional investment opportunity with this fully leased 46-unit multi-family building located at 2535 Burnet Ave in Cincinnati, OH. Nestled in one of Cincinnati's most sought-after neighborhoods, this property offers immediate cash flow and long-term growth potential. The building features a well-maintained mix of 40 one-bedroom and 6 two-bedroom apartments, catering to the high demand for quality rental housing in a rapidly appreciating market. Strategically positioned near major highways such as I-71 and I-75, this property ensures seamless connectivity to the rest of Cincinnati and beyond. The proximity to the Cincinnati Southern Railway and Cincinnati/Northern Kentucky International Airport (CVG) enhances its appeal, making it an ideal choice for tenants who value convenience and accessibility. Residents will enjoy the vibrant local amenities, including nearby shopping centers, dining options, and cultural attractions like the William Howard Taft National Historic Site. The property is also surrounded by thriving business districts and residential neighborhoods, providing a balanced and dynamic living environment. Key features that set this property apart include on-site laundry facilities, ample parking, and secure entry, ensuring a comfortable and safe living experience for tenants. With a mix of upgraded and standard units, there is significant potential for future rent increases, making this an even more attractive long-term investment.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$170 USD /SF

# OF UNITS

46

PRICE/UNIT

$91,304

CAP RATE

7.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dolores

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1930

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

Residential Multi Units

APN/PARCEL ID

092-0001-0046

ASK ABOUT THIS PROPERTY

Jacob ShoushanJacob Ben Shoushan LlcMore Info
513-493-1896

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jacob ShoushanJacob Ben Shoushan LlcMore Info
513-493-1896

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.