Chimney Flats MF w/ possible outlot

12 Unit Apartment Building | $2,600,000 ($216,667/Unit) | 6.34% Cap Rate | Cincinnati, OH 45248

Asking Price $2,600,000

Property Type: Multifamily
Square Feet: 14,516 SF

Listing Contacts

Mark Langdon

Verified Profile

Property Info

Property Overview

PRICE REDUCED!
Recently converted to upscale apartments. Financials and Rent Roll available with an NDA. 12 units
• Newer multi-family conversion
• 12 modern units
• High commerce area
• Just a few blocks from I-74
• Over 30,000 vehicles per day on Harrison Ave
Across the street from Kroger, Cinemark,
Cincinnati Children’s Hospital, and Christ
Hospital
POSSIBLE OUTLOT AVAILABLE
6 Two Bedroom, 6 One Bedroom
Upside rent opportunity.
Possible partial owner financing

Property Details

Class: C
Year Built/Renovated: 1988/2021
Stories: 3
Property Subtype: Office/Residential
Lot Size (sq. ft): 44,431 SF
Units: 12

Highlights

Possible outlot creation opportunity
Newer Multi-Family conversion
High Commerce Area
Blocks from Interstate 74
High Occupancy - Quick turns
Significant Upside in financials - Possible partial owner financing

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