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Investment Highlights

  • Highly accessible Jeffersonville location near US-35 and I-71.
  • Surrounded by a balanced mix of residential and commercial activity.
  • Strong regional connectivity to Columbus, Dayton, and Cincinnati.

Executive Summary

AGENTS bring your buyer for 2.5% commission! Peaceful, residential 7-unit multifamily property in City of Jeffersonville located on 1.365 acres. Jeffersonville is at the crossroads of progress - 43 miles South of Columbus, OH; 60 miles North of Cincinnati, OH; and 37 miles East of Dayton, OH. Close to I-71 and US 35, where Honda and LG are building a $3.5 billion electric vehicle battery plant. Amazon purchased 600 acres here for a new data center with plans to invest $5 billion between now and 2030 in Jefferson Township.
(7) 2 bedrooms/1-bathroom units each approximately 1,024 sq. feet living space downstairs and upstairs (no basement). 100% occupied, tenant’s own appliances and pay for electric/water. Owner pays for property taxes, insurance and building trash ($100/month). Onsite maintenance. Turnkey and perfect for out of state investors. Below market rents. See documents attached.
GROSS INCOME $63,720
SOLD AS-IS and DO NOT DISTURB TENANTS.
Closing to be at PM Title. Call or text (212) 361-9861

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $81,395 $7.57
Other Income - -
Vacancy Loss - -
Effective Gross Income $81,395 $7.57
Taxes $6,471 $0.60
Operating Expenses $10,811 $1.01
Total Expenses $17,282 $1.61
Net Operating Income $64,113 $5.96

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $81,395
Annual Per SF $7.57
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $81,395
Annual Per SF $7.57
Taxes (CAD)
Annual $6,471
Annual Per SF $0.60
Operating Expenses (CAD)
Annual $10,811
Annual Per SF $1.01
Total Expenses (CAD)
Annual $17,282
Annual Per SF $1.61
Net Operating Income (CAD)
Annual $64,113
Annual Per SF $5.96

Property Facts

Price $958,797 CAD
Price Per Unit $136,971 CAD
Sale Type Investment
Cap Rate 7.20%
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 1.36 AC
Building Size 10,752 SF
Average Occupancy 100%
No. Stories 2
Year Built 1968
Parking Ratio 1.39/1,000 SF
Zoning Residential - Fayette County Parcel IDs included: 080-009-003-044-00 080-009-003-045-00 080-009-003-046-00 060-012-000-014-00

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 7 $1,027 CAD 1,024
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 080-009-003-044-00
  • 060-012-000-014-00
  • 080-009-003-045-00
  • 080-009-003-046-00
Land Assessment
$26,548 CAD
Improvements Assessment
$122,099 CAD
Total Assessment
$148,648 CAD
Annual Taxes
$6,471 CAD ($0.60 CAD/SF)
Tax Year
2024
  • Listing ID: 34572748

  • Date on Market: 2025-01-22

  • Last Updated:

  • Address: 3 Janes St, Jeffersonville, OH 43128

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