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3331 Parkcrest Ln
Cincinnati, OH 45211
Immeuble residentiel Propriété À vendre
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11 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Well-maintained 11-unit asset with long-term ownership since 2011
- Major capital improvements recently completed, including a full flat-rubber roof replacement in 2026 and gas-fired central boiler replacement in 2025
- Clear rent-growth opportunity with average in-place rents of approximately $655 compared with nearby comparable rents of $750
- Located directly behind the Glenway Avenue retail corridor and within walking distance of Kroger, Target, Home Depot, and Planet Fitness
Résumé de l'annonce
Marcus & Millichap is pleased to present 3331 Parkcrest, an 11-unit multifamily investment opportunity located at 3331 Parkcrest Lane in Cincinnati, Ohio, within Hamilton County. Constructed in 1966, the all-brick property is located on a quiet residential lane in Cincinnati’s Westwood neighborhood. The asset features an all-studio unit mix consisting of ten approximately 400-square-foot units and one approximately 550-square-foot unit, along with off-street surface parking.
3331 Parkcrest is currently operating at 90.9% occupancy, with 10 of 11 units occupied as of August 10, 2026, and an average in-place rent of approximately $655. Seven residents renewed at $675 between March and May 2026 without any move-outs, while a nearby comparable property is achieving $750, providing a clear path to approximately $95 per unit in monthly rent growth. Eight of the 11 leases expire by May 2027, allowing a new owner to increase rents as leases roll. The property also benefits from a new flat-rubber roof installed in 2026, a gas-fired central boiler replaced in 2025, and walkable access to Kroger, Target, Home Depot, Planet Fitness, and the Glenway Avenue retail corridor. With West Side apartment occupancy of approximately 96.5% and limited competing supply under development, the property is well positioned for stable renter demand and continued income growth.
Deal vault link to view OM, RR and T12: https://www.marcusmillichap.com/properties/306871/3331-parkcrest
3331 Parkcrest is currently operating at 90.9% occupancy, with 10 of 11 units occupied as of August 10, 2026, and an average in-place rent of approximately $655. Seven residents renewed at $675 between March and May 2026 without any move-outs, while a nearby comparable property is achieving $750, providing a clear path to approximately $95 per unit in monthly rent growth. Eight of the 11 leases expire by May 2027, allowing a new owner to increase rents as leases roll. The property also benefits from a new flat-rubber roof installed in 2026, a gas-fired central boiler replaced in 2025, and walkable access to Kroger, Target, Home Depot, Planet Fitness, and the Glenway Avenue retail corridor. With West Side apartment occupancy of approximately 96.5% and limited competing supply under development, the property is well positioned for stable renter demand and continued income growth.
Deal vault link to view OM, RR and T12: https://www.marcusmillichap.com/properties/306871/3331-parkcrest
Faits sur la propriété
| Prix par unité | 74 395 $ CAD | Taille du lot | 0,16 AC |
| Type de vente | Investissement | Taille du bâtiment | 7 000 pi² |
| Nombre d’unités | 11 | Occupation moyenne | 91% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 3 |
| Sous-type de propriété | Appartement | Année de construction | 1966 |
| Classe d’immeuble | B | ||
| Zonage | RM12 | ||
| Prix par unité | 74 395 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 11 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Classe d’immeuble | B |
| Taille du lot | 0,16 AC |
| Taille du bâtiment | 7 000 pi² |
| Occupation moyenne | 91% |
| Nombre d’étages | 3 |
| Année de construction | 1966 |
| Zonage | RM12 |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 11 | 936,24 $ CAD | 400 |
Impôts fonciers
| Numéro de lot | 212-0063-0001 | Évaluation des bâtiments | 102 188 $ CAD |
| Évaluation du terrain | 41 283 $ CAD | Évaluation totale | 143 471 $ CAD |
Impôts fonciers
Numéro de lot
212-0063-0001
Évaluation du terrain
41 283 $ CAD
Évaluation des bâtiments
102 188 $ CAD
Évaluation totale
143 471 $ CAD
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