Forest Avenue Apartments - 603 Forest Ave, Cincinnati, OH 45229
For Sale
For Sale
-
Year Built
1929
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Overview
31.14% Cash-on-Cash Return
Upside in Rents
Positively Transitioning Neighborhood
35 Units
Very Large Units. 1, 2 & 3 Bedroom Units
Located in I-71/MLK Development Zone
1 Mile to Cincinnati Zoo
1 Mile to University Hospital & Childrens Hospital
Onsite Management
Builtout for 3 Onsite Laundry Rooms
High Tenant Demand
Immediate revenue growth
Motivated Seller
Call for Details
Property Details
31.14% Cash-on-Cash Return
Upside in Rents
Positively Transitioning Neighborhood
35 Units
Very Large Units. 1, 2 & 3 Bedroom Units
Located in I-71/MLK Development Zone
1 Mile to Cincinnati Zoo
1 Mile to University Hospital & Childrens Hospital
Onsite Management
Builtout for 3 Onsite Laundry Rooms
High Tenant Demand
Immediate revenue growth
Motivated Seller
Call for Details
- Property TypeMulti-Family, Office
- Submarket
- Year Built1929
- Sale Price$23,685
- Cap Rate12.7%
- Zoning402
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID287489