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30102758
30102757

W Galbraith Road, Springfield Twp., OH 45231 For Sale

NC
OH SAL.2006000748
Sibcy Cline
Listed by Sibcy Cline
$750,000
138 days on market
Updated 56 days ago

1172 W Galbraith Rd

Details
APN 5900224004500
Property Type Office
Sub Type Traditional Office
Square Footage 15,928
Units 22
Cap Rate 7.71%
NOI $57,832
Occupancy 67%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 10.74%
Pro-Forma NOI $80,552
Price per SqFt $47
Class C
Year Built 1964
Buildings 2
Stories 2
Acreage 0.870
Zoning Office

Well Maintained Opportunity for Value Add with Minimal Additional Investment

Marketing description

Income Producing Finneytown Office Property with huge potential for improvement in revenues. Owned by the same family for over 50 years. Rents are significantly under market and the price reflects the current cash flow. The Building is well maintained. Agent can provide As Is and Pro Forma Analysis.

Investment highlights

Value Add Opportunity with minimal investement

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Listing Contacts

NC
OH SAL.2006000748
Sibcy Cline
Listed by Sibcy Cline

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$57,832.00
$4,819.33/mo

Valuation Metrics

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DSCR
7.71%
Cap Rate
7.71%
ROI

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