Walton – Stephenson Mill Apartment Complex

Details

STATUS: OFF-MARKET

Property Highlights:

  • 100% tenant occupied
  • Three buildings with 30 total units and a storage facility on-site
  • New units are renting for $900/month
  • All units are renovated and up-to-date
  • Great access to I-71/I-75 and Downtown Cincinnati
  • All appliances in the apartments, coin-operated laundry equipment located in the basement of each building, and all materials in the storage building are included in the sale
  • 19 miles south of Cincinnati International Airport, Amazon Hub, and DHL
  • Nearby Walton Industrial Park, which employs thousands of workers

Fully Occupied Multi-Unit Residential Investment for Sale in Prime Location

This fully occupied property offers a lucrative investment with three buildings comprising 30 units and an on-site storage facility. Each renovated unit commands a rental rate of $900 per month, ensuring a steady income stream. The property’s strategic location provides excellent access to I-71 and I-75, making Downtown Cincinnati easily reachable. All units come with included appliances, and each building features coin-operated laundry equipment in the basement, adding convenience for tenants.

Situated just 19 miles south of Cincinnati International Airport, the Amazon Hub, and DHL, this property benefits from proximity to major transportation and logistics hubs. Additionally, the nearby Walton Industrial Park employs thousands, further enhancing the property’s appeal to potential tenants. With all materials in the storage building included in the sale, this investment offers a comprehensive package in a high-demand area, making it an attractive opportunity for savvy investors looking to capitalize on its prime location and full occupancy.

Property Type

Multi-Family

CAP Rate

7.22%

Zoning

Multi-Family

Available

3 Buildings; 30 Units

Sale Price

$2,750,000

All information furnished is from sources deemed reliable and is subject to errors, omissions and changes prior to sale as withdrawal without notice.

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