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384 N Franklin St
Richwood, OH 43344

$4,800,000 USD

Multifamily For Sale • 34,500 SF

Property Details

Property Type Multifamily
Total Building Size 34,500 SF
Year Built 2025

0 Transit Score

17 Walk Score

                
                    Highlights
                
                                2025 NEW CONSTRUCTION - 30 Units - 10 Townhome Style Buildings
                            
                                95% Occupied
                            
                                In-Place 6.2% Cap Rate, Projected 6.8% - 7.3% Stabilized Yield - STRONG Rent Growth Trajectory ($1350 - $1450 Target)
                            
                                Low Expense Profile & Predictable Operations
                            
                                Individually Metered Utilities (Tenant Pays Electric & Water/Sewer), In-Unit Washer & Dryer in every unit

Amenities

Air Conditioning
Cable Ready
Dishwasher
Microwave
Washer/Dryer
Heating
Ceiling Fans
Eat-in Kitchen
Kitchen
High Speed Internet Access
Refrigerator
Oven
Range
Tub/Shower
Carpet
Wi-Fi
Double Pane Windows
Family Room
Loft Layout
Patio
Vinyl Flooring
Window Coverings
Private Bathroom

Stacey Flach-Moore 740-225-3534 Coldwell Banker Residential Brokerage

384 N Franklin St Richwood, OH 43344

$4,800,000 USD

Property Details

Highlights

Amenities

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384 N Franklin St
Richwood, OH 43344