7624 Rosewood Dr - Apartments FOR SALE


Blanchester, OH 45107
$850,000 USD
937-478-6858
7624 Rosewood Dr, Blanchester, OH for Sale
$850,000 USD
Apartments - FOR SALE
1/21
null | 9.15% Cap Rate

7624 Rosewood Dr
Blanchester, OH 45107


OVERVIEW

?? Investment Opportunity: 10-Unit Townhome Property in Blanchester, Ohio ?? ?? Location: Blanchester, Ohio?? Property Type: Two 5-Unit Townhome Buildings (10 Total Units) (ALL TWO BEDROOM UNITS)?? Occupancy: 90% Stabilized Property Highlights: Updated and Well-Maintained: Both buildings are in great condition with updates made over the years, ensuring lower maintenance costs and tenant satisfaction. Value-Add Potential: While occupancy is strong, there’s still room to increase revenue through targeted rent adjustments and additional fees (e.g., pet fees, parking, utilities). Stabilized Investment: The property offers investors a rare blend of stability and upside, making it an attractive addition to any portfolio. Desirable Location: Situated in blanchester, a growing area with consistent rental demand, this property benefits from a steady tenant pool and proximity to key amenities. Financial Snapshot:?? Current Occupancy Rate: 90%?? Potential Upside: With strategic rent increases, there’s opportunity to boost cash flow while still staying competitive in the local market. Why This Opportunity Stands Out:This is a rare find—a stabilized asset with "meat on the bones" for value-add investors. Whether you're a seasoned investor looking for consistent income or a first-time commercial buyer seeking a manageable opportunity with room to grow, these townhomes are a must-see. Don’t Miss Out!Opportunities like this don’t last long in the Blanchester market. Contact us today to request the full financial package, schedule a tour, and secure your foothold in this lucrative investment!

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$207 USD /SF

# OF UNITS

10

PRICE/UNIT

$85,000

CAP RATE

9.15%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

R-5

APN/PARCEL ID

220091201006300,220091201006400

ASK ABOUT THIS PROPERTY

Todd PultzAgora's Maxxed Out RealtyMore Info
937-478-6858

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Todd PultzAgora's Maxxed Out RealtyMore Info
937-478-6858

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