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2356-2358 Harrison Ave
Cincinnati, OH 45211
Golden Arms Condominiums · Multifamily Property For Sale
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18 Units
Executive Summary
18 condo units offered out of 32 total across 2 16-unit buildings. All units feature 2 bedrooms and 1 bathroom.
17/18 units are renovated. Room to push in-place rents and rent out vacant units at market.
HOA fee covers all utilities except for each unit's electric bill which can be transferred to tenant upon lease up. Additionally it covers property insurance for the building, all common area/building maintenance/CAPEX, landscaping, and snow removal.
Opportunity to achieve a true 12% CAP rate upon lease up of the remaining units.
17/18 units are renovated. Room to push in-place rents and rent out vacant units at market.
HOA fee covers all utilities except for each unit's electric bill which can be transferred to tenant upon lease up. Additionally it covers property insurance for the building, all common area/building maintenance/CAPEX, landscaping, and snow removal.
Opportunity to achieve a true 12% CAP rate upon lease up of the remaining units.
Property Facts
| Price Per Unit | $61,150 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.89 AC |
| No. Units | 18 | Building Size | 13,608 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1976 |
| Apartment Style | Low-Rise | ||
| Zoning | RMX - Residential Mixed Density District | ||
| Price Per Unit | $61,150 CAD |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 13,608 SF |
| No. Stories | 3 |
| Year Built | 1976 |
| Zoning | RMX - Residential Mixed Density District |
Amenities
Unit Amenities
- Balcony
- Heating
- Tub/Shower
Property Taxes
| Parcel Numbers | Improvements Assessment | $16,241 CAD | |
| Land Assessment | $3,039 CAD | Total Assessment | $19,280 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$3,039 CAD
Improvements Assessment
$16,241 CAD
Total Assessment
$19,280 CAD
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