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$ 2,750,000
Est. payment | /mo
48 Beds
26 Baths
22,760 SqFt
$ 2,750,000
Est. payment | /mo
48 Beds
26 Baths
22,760 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 22,760 sqft
Price per Sqft $120
MLS Listing ID 933566
Bedrooms 48
Full Baths 26
Year Built 1991
Annual Tax Amount $31,498
Lot Size 2.650 Acres
Lot Dimensions irr
Property Sub-Type 5+ Units
Property Description
This unique opportunity consists of five multi-family apartment buildings, totaling 26 units, plus a leasing office, all located at 1206 Union Blvd, Englewood, Ohio, also known as Gateway Village Apartments. The leasing office could be leased as office or converted to an additional unit.
There are (6) one bed, (14) two bed and (6) three bedroom units and 2 of the units are handicap accessible. There is on-site parking for tenants and guests along with on-site laundry facilities that generate about $500/month, regularly. We have long term tenants with families and pets, which also generates additional income at approximately $500 per month .
Excellent location off Wenger Road, close to Dayton International Airport, Kroger Grocery Store, Amazon Distribution Center and more. Excellent rental area. Seller has self-managed for years and is now looking to retire. Rents are seriously under-market which represents a generous upside potential to any investor. Occupancy remains high and turn time is less than 10 days on any unit.
There are (6) one bed, (14) two bed and (6) three bedroom units and 2 of the units are handicap accessible. There is on-site parking for tenants and guests along with on-site laundry facilities that generate about $500/month, regularly. We have long term tenants with families and pets, which also generates additional income at approximately $500 per month .
Excellent location off Wenger Road, close to Dayton International Airport, Kroger Grocery Store, Amazon Distribution Center and more. Excellent rental area. Seller has self-managed for years and is now looking to retire. Rents are seriously under-market which represents a generous upside potential to any investor. Occupancy remains high and turn time is less than 10 days on any unit.
Location
State OH
County Montgomery
Zoning Commercial,Multiple
Rooms
Basement Slab
Interior
Heating Forced Air, Natural Gas
Cooling Central
Exterior
Exterior Feature Cable TV, Partial Fence, Patio, Storage Shed
Parking Features None
Building
Structure Type Block,Brick,Frame
Schools
School District Northmont
Listed by Bruns Realty Group, LLC
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