$1,200,000
3260-3262 Glendora Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Units 9
Cap Rate 7.61%
NOI $91,316
Occupancy 100%
Tenancy Multi
Year Renovated 2021, 2025
Buildings 3
Acreage 0.220
Zoning Multifamily Residential
Investment Type Stabilized
Multifamily | 7.61% CAP | 9 Units
Marketing description
Strong in-place cash flow, proximity to major employment centers, and future redevelopment potential make this an attractive multifamily investment opportunity.
Investment highlights
- Excellent location minutes from the University of Cincinnati, Cincinnati Children's Hospital, UC Health and Downtown Cincinnati.
- Located on a corner lot just off busy Vine Street in a high-traffic corridor with strong rental demand.
- 100% occupied with immediate cash flow.
- Value-add and redevelopment potential with adjacent parcels (buyer to verify zoning and approvals).
- Turnkey investment with long-term upside.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$91,316.00
$7,609.67/mo
Valuation Metrics
0
DSCR
7.61%
Cap Rate
7.61%
ROI
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