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2443 Ferguson Rd 7 Unit Apartment Building $571,758 CAD ($81,680 CAD/Unit) 7.43% Cap Rate Cincinnati, OH 45238
INVESTMENT HIGHLIGHTS
- Cap Rate- 7.43%
- 100% Occupied
- 7 Total Units/2 Affordable
- All Units 1Bd/1Ba
EXECUTIVE SUMMARY
3CRE is pleased to present a multifamily investment opportunity at 2443 Ferguson Road, Cincinnati, OH. This offering consists of 7 units and is currently 100% occupied, featuring a mix of market-rate and subsidized tenants that provides a strong balance of stable, in-place cash flow and future upside. With full occupancy and consistent demand, the property represents a stabilized asset well suited for investors seeking reliable returns.
The property is located within Cincinnati’s Westwood submarket, one of the city’s most established and densely populated residential areas. Westwood continues to see steady rental demand due to its affordability, proximity to downtown Cincinnati, and access to major employment centers via I-75, I-74, and Route 50. Residents benefit from nearby neighborhood retail, grocery stores, parks, and public transportation, all contributing to long-term tenant retention and investment stability within this proven submarket.
The property is located within Cincinnati’s Westwood submarket, one of the city’s most established and densely populated residential areas. Westwood continues to see steady rental demand due to its affordability, proximity to downtown Cincinnati, and access to major employment centers via I-75, I-74, and Route 50. Residents benefit from nearby neighborhood retail, grocery stores, parks, and public transportation, all contributing to long-term tenant retention and investment stability within this proven submarket.
PROPERTY FACTS
| Price | $571,758 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $81,680 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 7.43% | Building Size | 5,076 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1974 |
| Zoning | Westwood | ||
| Price | $571,758 CAD |
| Price Per Unit | $81,680 CAD |
| Sale Type | Investment |
| Cap Rate | 7.43% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 5,076 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1974 |
| Zoning | Westwood |
AMENITIES
UNIT AMENITIES
- Storage Space
SITE AMENITIES
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | 700 |
1 1
PROPERTY TAXES
| Parcel Number | 248-0001-0173 | Improvements Assessment | $102,276 CAD |
| Land Assessment | $25,991 CAD | Total Assessment | $128,267 CAD |
PROPERTY TAXES
Parcel Number
248-0001-0173
Land Assessment
$25,991 CAD
Improvements Assessment
$102,276 CAD
Total Assessment
$128,267 CAD
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2443 Ferguson Rd
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