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 Wright Village Apartments, a 29 building apartment complex with (101) one-bedroom units and (3) three-bedroom units. The property consists of 25, two-story residential buildings, one duplex, a leasing office and a laundry room/maintenance building. The stable tenant base also provides an opportunity to increase rents to match the markets. Sales Info: ■ Cap rate: 8.89% ■ Commision split: 2.0% ■ NOI: $235,575 Location Description: The Wright Village Apartments are located on Lovington Dr, Ohio St, S 2nd St, and Arms Dr in Fairborn, OH. The apartments are directly next to Wright-Patterson Airforce Base and under two miles east from Interstate 675. Highlights: ■ 105 Units ■ Tenant Paid WATER ■ Tenant Paid GAS ■ Tenant Paid ELECTRIC ■ 90% Occupied ■ Onsite Leasing Office ■ Motivated Seller ■ Many Recent Capital Improvements ■ Backs up to Wright Patterson Air Force Base ■ 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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