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 Avalon Apartments, a 29-unit apartment building located in the Avondale neighborhood of Cincinnati. The building consists of (20) one-bedroom units and (9) three-bedroom units. Ten of the units need to be renovated. Sales Info: ■ Cap rate: 16.72% ■ Commision split: 3.0% ■ NOI: $62,707 Location Description: The Avalon Apartments are located off of Reading Rd in the Cincinnati neighborhood of Avondale, under a half mile from Xavier University. The property is also under six miles to downtown Cincinnati. Highlights: ■ Value-Add Opportunity ■ Close to Xavier University ■ Boiler Heat (Owner Paid) ■ Tenant Paid Electric ■ Owner Paid Water ■ Call for Details: ■ Stash: 513.588.1114 ■ SGeleszinski@svn.com ■ Sherief: 513.588.1108 ■ SGouda@svn.com ■ Nate: 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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