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2525 Germantown St Apartments 2525 Germantown St 8 Unit Apartment Building $643,463 CAD ($80,433 CAD/Unit) 9.78% Cap Rate Dayton, OH 45417
Investment Highlights
- New Roof
- Two 2-bedroom, 1 bath apartments
- Six 1-bedroom, 1 bath apartments
Executive Summary
New Roof! Presenting an outstanding investment opportunity in Dayton, Ohio! This 4,848 SF multifamily property,
located at 2525 Germantown St., boasts an 8-unit building constructed in 1966. There are six 1-bedroooom,1-bath and
two,2-bedroom, 1-bath apartments. Three of the units have been beautifully renovated. Tenants pay for heat and
electric. This turnkey asset offers six 1-bedroom, 1 bath apartments and two 2-bedroom, 1 bath apartments, with
added conveniences like washer & dryer hookups and off-street parking. This property is an excellent choice for
investors seeking a low-rise/garden multifamily property. With its solid rental history and prime amenities, this property
is poised to deliver strong returns for all investors. Also, there is pre-arranged bank financing from Richwood Bank that
may be available to you. Please see the bank's letter within this brochure.
located at 2525 Germantown St., boasts an 8-unit building constructed in 1966. There are six 1-bedroooom,1-bath and
two,2-bedroom, 1-bath apartments. Three of the units have been beautifully renovated. Tenants pay for heat and
electric. This turnkey asset offers six 1-bedroom, 1 bath apartments and two 2-bedroom, 1 bath apartments, with
added conveniences like washer & dryer hookups and off-street parking. This property is an excellent choice for
investors seeking a low-rise/garden multifamily property. With its solid rental history and prime amenities, this property
is poised to deliver strong returns for all investors. Also, there is pre-arranged bank financing from Richwood Bank that
may be available to you. Please see the bank's letter within this brochure.
Property Facts
| Price | $643,463 CAD | Building Class | C |
| Price Per Unit | $80,433 CAD | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 4,848 SF |
| Cap Rate | 9.78% | Average Occupancy | 80% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 1.65/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price | $643,463 CAD |
| Price Per Unit | $80,433 CAD |
| Sale Type | Investment |
| Cap Rate | 9.78% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,848 SF |
| Average Occupancy | 80% |
| No. Stories | 1 |
| Year Built | 1966 |
| Parking Ratio | 1.65/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $838.56 CAD | 606 |
| 2+1 | 2 | $1,061 CAD | 606 - 800 |
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Property Taxes
| Parcel Number | R72-09608-0028 | Improvements Assessment | $62,140 CAD |
| Land Assessment | $3,066 CAD | Total Assessment | $65,206 CAD |
Property Taxes
Parcel Number
R72-09608-0028
Land Assessment
$3,066 CAD
Improvements Assessment
$62,140 CAD
Total Assessment
$65,206 CAD
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2525 Germantown St Apartments | 2525 Germantown St
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