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10916 Reading Rd 14 Unit Apartment Building $1,593,026 CAD ($113,788 CAD/Unit) Cincinnati, OH 45241
Executive Summary
10916 Reading Road is a RARE 14-unit Multifamily opportunity in Sharonville, priced to sell at an 8.6% cap rate with strong in-place returns. The property features 11 one-bed units and 3 studios, generating $13,800 in monthly rent at full occupancy. Units include boiler heat and through-the-wall AC, with tenants paying separate electric, and RUBS implemented across all units. The property also offers 14 off-street parking spaces with a newly striped lot. Located next to Sharonville City Hall and across from the Queen City Sports Complex, currently undergoing a major renovation, the asset benefits from a prime location in a supply-constrained submarket.
Property Facts
| Price | $1,593,026 CAD | Building Class | C |
| Price Per Unit | $113,788 CAD | Lot Size | 0.33 AC |
| Sale Type | Investment | Building Size | 11,124 SF |
| No. Units | 14 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.62/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | SM-D | ||
| Price | $1,593,026 CAD |
| Price Per Unit | $113,788 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 11,124 SF |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.62/1,000 SF |
| Zoning | SM-D |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | 600 |
| Studios | 3 | - | 400 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 608-0007-0016 | Improvements Assessment | $267,673 CAD |
| Land Assessment | $47,233 CAD | Total Assessment | $314,905 CAD |
Property Taxes
Parcel Number
608-0007-0016
Land Assessment
$47,233 CAD
Improvements Assessment
$267,673 CAD
Total Assessment
$314,905 CAD
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10916 Reading Rd
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