• Foxglove Apartments - 1117 S South St, Wilmington, OH 45177

For Sale

Multi-Family

For Sale

This property is available for sale
60,000
SF
$2,890,000
Sale Price
  • Year Built
    1976
  • Overview

    Site is a short drive to Caesars Creek State Park, Renaissance Annual Elizabethan Theatre event; and world class amusement park, Kings Island (northern part of Cincinnati). Located in newly designated Opportunity Zone! Prime location near International Wilmington Air Hub. Wilmington is approximately a 1 hour drive to the cities of Dayton, Cincinnati, & Columbus. Access to I -71 is only 4 miles away. Location is also home to the renown liberal arts college, Wilmington College. Amazing location and excellent infrastructure with 89 units. Established operations with increased rents will create market interest. Workforce housing in the heart of the city. This is a highly sought-after product by national market investors. Asking price is $2.89 million with a 7% cap rate.

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Property Details

Site is a short drive to Caesars Creek State Park, Renaissance Annual Elizabethan Theatre event; and world class amusement park, Kings Island (northern part of Cincinnati). Located in newly designated Opportunity Zone! Prime location near International Wilmington Air Hub. Wilmington is approximately a 1 hour drive to the cities of Dayton, Cincinnati, & Columbus. Access to I -71 is only 4 miles away. Location is also home to the renown liberal arts college, Wilmington College. Amazing location and excellent infrastructure with 89 units. Established operations with increased rents will create market interest. Workforce housing in the heart of the city. This is a highly sought-after product by national market investors. Asking price is $2.89 million with a 7% cap rate.

  • Property Type
    Multi-Family
  • Year Built
    1976
  • Sale Price
    $2,890,000
  • Total Building Size
    60,000RSF
  • Sale Status
    Available
  • Property ID
    2159104

Landlord's Sales Representative

  • Doug Wilson
    Sperry Van Ness