Description

3935-3939 Wilma Ct is a 24-unit garden-style property offered at a 8.78% cap rate. The unit mix includes 10 two-bedroom and 14 one-bedroom apartments with 100% occupancy. Each unit features individual HVAC and water heaters. Tenants pay separate electric, and RUBS is in place to offset owner-paid utilities. At full occupancy, potential gross rents exceed $28,000 per month. The property also includes 36 surface parking spaces. Additional upside exists through rent increases, adding hardwired internet, storage, and courtyard improvements. Located in Withamsville, approximately 20 minutes from downtown Cincinnati via I-275, this property offers...read more