Listed By
Agency Name: Outside The Box Real Estate
Agent Name: Maxwell Wechter
Agency Phone: 937-202-9001
Shown By
Agent Name: Danielle Nelson
Agent Phone: (937) 336-4059
Agency Title: Irongate Inc., Realtors
Excellent 16-unit multifamily value-add opportunity offered at $1,250,000 ($78,125/unit). All units have been turned within the past year, with significant upside through interior renovations and rent increases of approximately $360/unit/month. A $400,000 improvement budget provides a clear path to reposition the property, increasing annual rental revenue by approximately $69,252 and moving NOI from $78,125 trailing-three-month annualized to $145,380 stabilized. Favorable lease rollover provides flexibility to begin renovations immediately.
| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $7,702.10 | $890.67 | $1,394.79 | $0.00 | $9,987.56 |
| Yearly | $92,425.20 | $10,688.04 | $16,737.48 | $0.00 | $119,850.72 |
| Total | $2,772,756.00 | $320,641.20 | $340,150.00 | $0.00 | $3,433,547.20 |
Listed By
Agency Name: Outside The Box Real Estate
Agent Name: Maxwell Wechter
Agency Phone: 937-202-9001
Shown By
Agent Name: Danielle Nelson
Agent Phone: (937) 336-4059
Agency Title: Irongate Inc., Realtors
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125 Park Avenue, Hamilton, OH 45013.
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125 Park Avenue, Hamilton, OH 45013.
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