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14-Unit Apartment Complex Contract

Under contract 14-unit Apartment Complex for sale:

• Purchase Price: $415K plus Assignment Fees
• Market Retail Value is $540K based on local market CAP of 8.5%
• Cincinnati, OH is one of the fastest-growing communities in the nation
• Rent Increase Upside
• 100% Occupancy
• 1980 Built
• CAP Rate on Actuals: 11%
• NOI on Actuals: $46K
• Major Employers: Kroger, University of Cincinnati, CCH Medical Center, Procter & Gamble, Tri Health, UC Health, GE, Fifth Third Bank, Siemens, Mitsubishi, Sumitomo, Ford Motor Company…

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