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 Village at Wilma Court, a 24-unit apartment complex in Clermont County. This investment opportunity includes (14) one-bedroom units and (10) two-bedroom units. Each unit has its own forced air unit, which tenants pay the heat and A/C for. An incoming investor has the opportunity to increase cash flow by utilizing the separately metered water and having the tenants pay for the service. There is a laundry service contract that extends until April 22, 2016. Notice must be given six months prior to lease term or the contract is renewed another 5 years. Sales Info: ■ Cap rate: 8.52% ■ Commision split: 3.0% ■ NOI: $63,919 Location Description: Wilma Court is located just North of State Route 125 - Ohio Pike on the East side of the street; in Withamsville, part of Union Township in Clermont County Ohio. Highlights: ■ Stabilized Multi-Family Property ■ Many Recent Capital Improvements ■ --> Parking Lot ■ --> Roofs & Mansards ■ Tenant Paid Heat ■ Tenant Paid Electric ■ Separately Metered Water ■ Good Unit Mix ■ 24 Units ■ -->14: 1+1's ■ -->10: 2+1's ■ Onsite Laundry ■ Call for Details ■ Stash: 513.588.1114 ■ SGeleszinski@svn.com ■ Nathan: 513.588.1128 ■ NMurphy@svn.com ■ Sherief: 513.588.1108 ■ SGouda@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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