2805 Digby Avenue
Cincinnati, OH 45220

$11,030,000

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Listing Details

  • $11,030,000
  • MLS# 1893888
  • Type Commercial - Business
  • Status Active
  • 0.380 acres
    Lot Size

Listed By

Agency Name: Team Results Realty
Agent Name: Scott Marvin
Agency Phone: 614-382-2124

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Shown By

Agent Name: Lacey Schroll
Agent Phone: (937) 903-0335
Agency Title: Irongate Inc., Realtors

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Home Value Estimate


Description

Being sold as a package, this six-property, 104-unit portfolio is offered at $11,030,000, or $106,058 per unit, at a 7.53% cap rate based on historical T-12 actual financials. Located two blocks from the University of Cincinnati, the property benefits from exceptional proximity to campus, Uptown employment, and the surrounding medical institutions. Strong year-round demand from students, graduate students, faculty, medical professionals, and young professionals, combined with convenient off-street parking, makes this a highly desirable rental location. 104-unit portfolio assembled and held by ownership for approximately 20 years. The property...read more

Features

  • Central Air
  • Carpet
  • Gas
  • 3.0 Stories
  • Public

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