Apartments For Sale
12,814 Sq Ft
Jennifer M. Donathan of KW Commercial and Lisa Pollard of West Fork Realty are pleased to present for sale an excellent value add opportunity. The offering consists of 2 brick contiguous buildings with a total of 16 units located at 1430-1434 James H. McGee Boulevard in Dayton Ohio.
The property consists of two 8 unit brick buildings with pitched roofs. The buildings are 2 stories with all one bed / one bath units. Each unit features separate gas furnace and hot water tank. Tenants pay heat, electric and gas to heat water. Owner pays water, sewer, and trash. Owner provides wall a/c units. The property provides 16 parking spaces located in front and rear of building.
Value Add Opportunity –
The property currently has 7 vacancies and has deferred maintenance. CASH OFFERS ONLY, AS-IS SALE. The financials in this offering reflect the current rent roll at 90% occupancy and 2019 actual expenses.