• Forest Avenue Apartments - 603 Forest Ave, Cincinnati, OH 45229

For Sale

Multi-Family
Office

For Sale

This property is available for sale
$23,685
Sale Price
  • Year Built
    1929
  • 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

Contact or Call

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 Type
    Multi-Family, Office
  • Submarket
  • Year Built
    1929
  • Sale Price
    $23,685
  • Cap Rate
    12.7%
  • Zoning
    402
  • Will build to suit
    No
  • Sewer
    No
  • Corner lot
    No
  • Property ID
    287489

Landlord's Sales Representatives

  • Stasiu Geleszinski
    Sperry Van Ness
     
  • Sherief Gouda
    Capstone Apartment Partners
     
  • Nathan Murphy
    Capstone Apartment Partners