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300 Sal Blvd - Sal Boulevard 12 Unit Apartment Building Offered at $2,240,062 CAD at a 7.26% Cap Rate Trenton, OH 45067
INVESTMENT HIGHLIGHTS
- Built in 1996 and eight units renovated since 2023
- 100% occupied as of 1/23/26
- Growing population within the Cincinnati MSA
- All two-bedroom townhouses with washer/dryer hookups
- Tenants pay for electric (heating and cooling) and water (individually metered)
- Average household income for the zip code is around $88,000
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present Sal Boulevard, a 12-unit multifamily investment opportunity located in Trenton, Ohio within Butler County. The property is comprised of three adjacent four-unit townhouse buildings that are separately parceled, offering flexibility for future disposition. Constructed in 1996, the asset totals approximately 13,200 rentable square feet and consists entirely of 2-bedroom townhouse-style units.
Sal Boulevard is currently stabilized at 100% occupancy with eight units renovated and an average effective rent of $1,187. All units feature washer/dryer hookups with tenant-paid utilities, supporting strong operating efficiency and attractive financing options. The property is well positioned between Cincinnati and Dayton in a growing submarket supported by an approximately $88,000 average household income, population growth, and continued industrial and employment investment in the area.
Link to deal vault with OM, rent roll and financials: https://www.marcusmillichap.com/properties/195641/sal-boulevard
Sal Boulevard is currently stabilized at 100% occupancy with eight units renovated and an average effective rent of $1,187. All units feature washer/dryer hookups with tenant-paid utilities, supporting strong operating efficiency and attractive financing options. The property is well positioned between Cincinnati and Dayton in a growing submarket supported by an approximately $88,000 average household income, population growth, and continued industrial and employment investment in the area.
Link to deal vault with OM, rent roll and financials: https://www.marcusmillichap.com/properties/195641/sal-boulevard
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer Hookup
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | $1,861 CAD | 1,100 |
1 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $353,640 CAD | |
| Land Assessment | $35,372 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $318,268 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$35,372 CAD
Improvements Assessment
$318,268 CAD
Total Assessment
$353,640 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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300 Sal Blvd - Sal Boulevard
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