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 Virginia Woods, a 36-unit apartment building in Avondale. The property consists of (7) studios, (5) one-bedroom units, (6) two-bedroom units, (12) three-bedroom units, and (6) four-bedroom units. The owner pays for all of the utilities. An incoming investor has the opportunity to increase cash flow by instituting a utility charge to the tenants to help cover utility expenses. Sales Info: ■ Cap rate: 9.63% ■ Commision split: 3.0% ■ NOI: $84,232 Location Description: Virginia Woods is located off of Reading Road via Forest Ave in Avondale. The property is near the Cincinnati Zoo, the Boys & Girls Club, and South Avondale Elementary School. Highlights: ■ Great Unit Mix ■ Value Add Opportunity ■ Large Units ■ Owner Paid Utilities ■ 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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