2975 Wilbraham Rd - Apartments FOR SALE


Middletown, OH 45042
$1,775,000 USD
513-570-6318
2975 Wilbraham Rd, Middletown, OH for Sale
$1,775,000 USD
Apartments - FOR SALE
1/15
null | 6.81% Cap Rate

2975 Wilbraham Rd
Middletown, OH 45042


HIGHLIGHTS

  • Under Professional Management
  • Quarterly Property Inspections

OVERVIEW

This residential complex features 32 meticulously maintained units, ensuring a peaceful and comfortable living environment for its residents. The property’s financial appeal is enhanced by minimal common area expenses, as tenants are responsible for their own heat and hot water, maximizing cash flow potential. For investors seeking a quality, low-maintenance property Evergreen Studios offers a compelling opportunity in Middletown. LOAN ASSUMPTION available for qualified buyers. Current rate 5.91% Interest only until 6/1/2027.

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

32

PRICE/UNIT

$55,469

CAP RATE

6.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Evergreen Studios

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

-

APN/PARCEL ID

Q6511-064-000-001

ASK ABOUT THIS PROPERTY

Megan MooreBerkshire Hathaway HomeServiceMore Info
513-570-6318

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Megan MooreBerkshire Hathaway HomeServiceMore Info
513-570-6318

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