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Westwood Manor 3272 Gobel Ave 33 Unité Immeuble d’appartements À vendre Cincinnati, OH 45211
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Faits saillants de l'investissement
- Three solid brick apartment buildings constructed with poured concrete foundations and durable flat rubber membrane roofing
- Situated on 2.23 acres with mature trees, green space, and a quiet residential setting
- Located in the established Westwood neighborhood within the Cincinnati school district
- Well-balanced unit mix of one- and two-bedroom residences appealing to a wide renter base
- Convenient on-site parking with 40 spaces, providing a strong parking ratio for residents
- Value-enhancement opportunity through interior upgrades and operational improvements
Résumé de l'annonce
SABRE Group | Multifamily Advisors is pleased to present the opportunity to acquire Westwood Manor at 3272 Gobel Ave. In this offering memorandum, you will find all available information to help you can make an informed investment decision. Our intent is to provide you with a clear picture of the property's current condition, immediate repair and capital expenditure needs, as well as opportunities we believe could increase value.
Westwood Manor is a 3-building, 33-unit multifamily property on a 2.23-acre (97,095-square-foot) lot, in Westwood. Westwood is a submarket of the Cincinnati MSA, located within the Cincinnati school district in Hamilton County. The property is zoned RM-2.0-T; Residential multifamily, transportation corridor.
Westwood Manor was built in 1964 with flat rubber membrane roofs (two replaced in 2020), poured concrete foundation and brick exterior walls, totaling 26,244 square feet. The windows are mix of vinyl & aluminum and HVAC is electric baseboard heat/through wall ac. The property includes a parking lot that can accommodate 40 cars; 1.21 cars per unit.
The unit mix includes 15 one-bed units; 18 two-bed units with an average unit size of 832 square feet. As of the rent roll date, 10/15/2025, the property was 75.8% occupied with an average length of tenancy of 34.4 months, the longest tenure being 36 months. The average effective rental rate is $1.05 per square foot. Based on our market research, the average effective market rent is $1.21 per square foot. Therefore, we estimate that current rents are 14% below market rents.
Westwood Manor is a 3-building, 33-unit multifamily property on a 2.23-acre (97,095-square-foot) lot, in Westwood. Westwood is a submarket of the Cincinnati MSA, located within the Cincinnati school district in Hamilton County. The property is zoned RM-2.0-T; Residential multifamily, transportation corridor.
Westwood Manor was built in 1964 with flat rubber membrane roofs (two replaced in 2020), poured concrete foundation and brick exterior walls, totaling 26,244 square feet. The windows are mix of vinyl & aluminum and HVAC is electric baseboard heat/through wall ac. The property includes a parking lot that can accommodate 40 cars; 1.21 cars per unit.
The unit mix includes 15 one-bed units; 18 two-bed units with an average unit size of 832 square feet. As of the rent roll date, 10/15/2025, the property was 75.8% occupied with an average length of tenancy of 34.4 months, the longest tenure being 36 months. The average effective rental rate is $1.05 per square foot. Based on our market research, the average effective market rent is $1.21 per square foot. Therefore, we estimate that current rents are 14% below market rents.
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 2,22 AC |
| Nombre d’unités | 33 | Taille du bâtiment | 30 000 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 82% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction | 1964 |
| Classe d’immeuble | C | Ratio de stationnement | 1,21/1 000 pi² |
| Zonage | RM-2.0 - Residential multifamily, transportation corridor | ||
| Type de vente | Investissement |
| Nombre d’unités | 33 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 2,22 AC |
| Taille du bâtiment | 30 000 pi² |
| Occupation moyenne | 82% |
| Nombre d’étages | 2 |
| Année de construction | 1964 |
| Ratio de stationnement | 1,21/1 000 pi² |
| Zonage | RM-2.0 - Residential multifamily, transportation corridor |
Commodités
Commodités des unités
- Climatisation
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Fourchette
- Bain/Douche
- Tapis
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 15 | - | - |
| 2+1 | 18 | - | - |
Assez praticable à pied
40/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 209-0004-0141 | Évaluation des bâtiments | 80 643 $ CAD |
| Évaluation du terrain | 97 502 $ CAD | Évaluation totale | 178 145 $ CAD |
Impôts fonciers
Numéro de lot
209-0004-0141
Évaluation du terrain
97 502 $ CAD
Évaluation des bâtiments
80 643 $ CAD
Évaluation totale
178 145 $ CAD
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Westwood Manor | 3272 Gobel Ave
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