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4644 Burkhardt Ave
Dayton, OH 45431 Eastern Hills

$1,400,000

Apartments For Sale  •  29,097 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 29,097 Sq Ft
  • Lot Size 1.95 ac
  • Building Class C
  • Year Built 1969
  • Cap Rate 7.86 %
  • Zoning N/Av
0 Transit Score
35 Walk Score

Description

The 3CRE team is proud to present the Burkhardt Valley Apartments - a 35 Unit 100% occupied complex located in Dayton, Ohio. This property is comprised of twenty-three [23] 1BR|1BA & twelve [12] 2BR|1BA units. Each unit has separate utilities and the tenants are responsible for heat [electric baseboard] and electric while the landlord is responsible for water. The windows are insulated vinyl windows and the roof was replaced within the past year. The electric has also been updated with sub-panels in each unit. Over time the owner has been updating the units with flooring in both the living area and kitchens. There is ample off street parking for each tenant with a private parking lot. Coin Laundry is also available on site. The property has an office located in the first building along with plenty of storage for management duties. There is an opportunity to increase rents and bring them up to market creating a value add opportunity for any investor coming in.

Property Flyers

Financial Summary

Cap Rate: 7.86 %

Amenities

  • Air Conditioning
  • Cable Ready
  • Disposal
  • Laundry Facilities
  • Storage Space
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Range
  • Tub/Shower
  • Wi-Fi

Public Transportation

AirportDriveWalkDistance
Dayton International Airport 25 min - 14.6 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Tryfon Christoforou 513-745-9333 3CRE Advisors, LLC
Tryfon Christoforou 513-745-9333 3CRE Advisors, LLC