The SELL with STASH Multi-Family Investment Sales Team of Sperry Van Ness-RICORE Investment Management, Inc. is pleased to present to qualified investors the opportunity to acquire the Royal Sentry Apartments, an eight building apartment complex with (84) units. The complex consists of (36) one-bedroom units and (48) two-bedroom units. The property features tenant paid heat, via electric baseboard and through wall air conditioners. The onsite manager provides full service management, maintenance and grounds keeping, it's important to note that he would like to stay on through the transition to new ownership and beyond. Sales Info: ■ Cap rate: 10.31% ■ Commision split: 2.0% ■ NOI: $257,738 Location Description: The Royal Sentry Apartments are located on Harrison Ave near the corner of McKinley Ave in Cincinnati's Westwood neighborhood. Highlights: ■ 84 Units ■ -> 1 & 2 Bedroom Apartments ■ Tenant Paid Heat ■ Very Low Overhead ■ Solid Block & Flexcore Concrete Construction ■ Firewalls between each apartment = Low Insurance Rates ■ Very Low Maintenance ■ Property-Owned Laundry Machines ■ Water Reduction Plan in Place ■ Historically High Occupancy ■ Call for Details ■ Stash: 513.588.1114 ■ SGeleszinski@svn.com ■ Sherief: 513.588.1108 ■ SGouda@svn.com ■ Nathan: 513.588.1128 ■ NMurphy@svn.com ■ www.SELLwithSTASH.com « show less
The SELL with STASH Multi-Family Investment Sales Team of Sperry Van Ness-RICORE Investment Management, Inc. is pleased to present to qualified... show more »
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