The SELL with STASH Multi-Family Investment Sales Team of Sperry Van Ness-RICORE Investment Management, Inc. is pleased to present to qualified investors the opportunity to acquire 911-913 Rogers Pl, a 17-unit apartment building. All of the units are one bedrooms. The units have been renovated as they have been turned over the past year.
The SELL with STASH Multi-Family Investment Sales Team of Sperry Van Ness-RICORE Investment Management, Inc. is pleased to present to qualified investors the opportunity to acquire 3570-3574 McHenry Ave, a 20 unit apartment community made up of two buildings. The property consists of 16 one-bedroom units and 4 two-bedroom units.3574 McHenry Ave has been recently renovated with new tile, windows, cabinets, and appliances. All eight of its units are under lease for above market rents with Bethany House Services, Inc. Four of the units in 3574 McHenry are under the lease as well. The master lease also splits the cost of water for the affected units.
The SELL with STASH Multi-Family Investment Sales Team of SVN-RICORE Investment Management, Inc. is pleased to present to qualified investors the opportunity to acquire the Virginia Woods, a 36-unit apartment building in Avondale. The property consists of (7) studios, (5) one-bedroom units, (6) two-bedroom units, (12) three-bedroom units, and (6) four-bedroom units. The owner pays for all of the utilities.An incoming investor has the opportunity to increase cash flow by instituting a utility charge to the tenants to help cover utility expenses.
The SELL with STASH Multi-Family Investment Sales Team of SVN - RICORE Investment Management, Inc. is pleased to present to qualified investors the opportunity to acquire Mt. Washington Pointe, a 64 unit apartment community in the Mt. Washington neighborhood of Cincinnati. The property offers and excellent unit mix consisting of 14 one-bedroom units, 49 two-bedroom units, and 1 three-bedroom unit. Tenants pay for their own electric usage.Management has instituted a mandatory renter's insurance policy, in which the tenants can find their own insurance policy, or purchase from the blanket policy provided through the property, which offers more coverage at a rate below the market. The renter's insurance policy will be implemented in Spring 2016 and will be in full compliance with the current leases in place. The current owner will purchase individual policies at $7.99 per month and charge residents $17.99 per month. Current ownership/management have also begun implementing a Gas and Water RUBS (Ratio Utility Billing Systems) to further improve the property's Net Operating Income. Given Mt Washington Pointe's high occupancy, excellent condition, and rents in comparison to
Investor Special. 4 Bedroom 2 Bath Fixer Upper Home. Sold in "as-is" condition. Call for more details.
Annual Income: $25,260 as investment. Easy to rent. Very low maintenance. New Windows 2010, New Roof 2010, plumbing/electrical updated throughout, Exterior repainted 2013, High-efficiency furnaces 2012, Original hardwood throughout. $10,500 NOI w/ 25% down loan. Apt. 1 (1bd/1.5ba): $880/month (5/1/16 - 4/31/17) Apt. 2 (1bd/1ba): $675/month (8/1/15 - 7/31/16) Will be increased. Monthly incomes: Apt. 3 (1bd/1ba): $550/month (6/1/16 - 5/31/17)
Four unit one bedroom apartments. 6403 Kennedy Avenue, Cincinnati, Ohio 45213-1845
Prime location! Currently used as 2 family, most value in location and land. Surrounding neighbors willing to sell as development package.
Unique money maker! Fully occupied, senior building, extremely well maintained long time ownership, large detached workshop also leased included, property is performing at a +14 CAP rate. Just about all mechanicals have been updated! Right on bus rt!
Buy one, a few or all six properties in a package. Others also available. These are well maintained, stable and profitable cash flow properties. Units are subsidized through the Excel program. Call or email for individual prices.