Log In/Sign Up
Your email has been sent.
1962-1970 Westwood Northern Blvd 40 Unit Apartment Building $4,924,872 CAD ($123,122 CAD/Unit) Cincinnati, OH 45225
Executive Summary
FOR SALE
1964 Westwood Northern | Cincinnati, Ohio
40-Unit Multifamily Community on 8 Acres
Property Overview
• 40-unit apartment building
• 100% occupied
• Established waiting list
• Strong in-place cash flow
• Situated on approximately 9 acres presents incredible future building potential
Location
• Convenient access to Uptown Cincinnati (University area & major hospitals)
• Minutes to Downtown Cincinnati
• Driveway access positioned between three Metro bus stops
• Strong rental demand corridor
Investment Highlights
• Stabilized asset with immediate income
• Proven occupancy history
• Opportunity for rental increases
• Significant excess land provides future development potential
• Rare large-parcel multifamily site within urban core
Value-Add / Upside
• Market rent growth
• Additional density potential (subject to zoning)
• Long-term land appreciation
1964 Westwood Northern | Cincinnati, Ohio
40-Unit Multifamily Community on 8 Acres
Property Overview
• 40-unit apartment building
• 100% occupied
• Established waiting list
• Strong in-place cash flow
• Situated on approximately 9 acres presents incredible future building potential
Location
• Convenient access to Uptown Cincinnati (University area & major hospitals)
• Minutes to Downtown Cincinnati
• Driveway access positioned between three Metro bus stops
• Strong rental demand corridor
Investment Highlights
• Stabilized asset with immediate income
• Proven occupancy history
• Opportunity for rental increases
• Significant excess land provides future development potential
• Rare large-parcel multifamily site within urban core
Value-Add / Upside
• Market rent growth
• Additional density potential (subject to zoning)
• Long-term land appreciation
Property Facts
| Price | $4,924,872 CAD | Building Class | C |
| Price Per Unit | $123,122 CAD | Lot Size | 9.85 AC |
| Sale Type | Investment | Building Size | 60,000 SF |
| No. Units | 40 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1968/2025 |
| Property Subtype | Apartment | Parking Ratio | 3.46/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RM-2.0 - Multifamily | ||
| Price | $4,924,872 CAD |
| Price Per Unit | $123,122 CAD |
| Sale Type | Investment |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 9.85 AC |
| Building Size | 60,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2025 |
| Parking Ratio | 3.46/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM-2.0 - Multifamily |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Property Manager on Site
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 40 | - | 350 - 3,500 |
1 1
Property Taxes
| Parcel Number | 201-0041-0095 | Improvements Assessment | $260,725 CAD |
| Land Assessment | $103,585 CAD | Total Assessment | $364,310 CAD |
Property Taxes
Parcel Number
201-0041-0095
Land Assessment
$103,585 CAD
Improvements Assessment
$260,725 CAD
Total Assessment
$364,310 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1962-1970 Westwood Northern Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.