Multifamily For Sale • 10,285 SF
| Roof replaced in 2024 and windows in 2017, with HVAC replacement and a full capital program completed between 2018 and 2025 |
| All 27 apartments renovated with LVP flooring, new countertops, new wood cabinetry, new appliances, fixtures, and lighting |
| Copper and PVC plumbing, plus updated hallways and common areas |
| Stabilized occupancy - 26 of 27 units (96.3%) |
| In-place rents of $613 run $150 to $200 below direct competitors, with about $28,350 in annual loss-to-lease at target rents |
| Near-term repricing with 12 leases rolling by January 31, averaging $612, plus one vacant unit available now |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| James M Cox Dayton International | 16 min | - | 8.4 mi |