TITLE:
4 unit Cincinnati
CONTROL:
Exclusive
VALUE:
$225,000
LOAN:
$0
EQUITY:
$225,000
TYPE:
Multi-Family
HAVE:
4-unit brick multifamily in the Westwood neighborhood. Fully renovated—updated kitchens, baths, flooring, and systems. Solid occupancy with stable tenants, market rent upside still available. Street parking and walkable location close to retail, schools,
ADDRESS:
1044 Beech Ave, Cincinnati, Ohio
BENEFITS TO NEW OWNER:
Solid cash flow property
GROSS SCHEDULED INCOME:
$36,000 Actual
VACANCY LOSS:
$1,800
GROSS EFFECTIVE INCOME:
$34,200
EXPENSES:
$16,200
NOI:
$18,000
DEBT SERVICE:
$0
CASH FLOW:
$18,000
CAP RATE:
8.00%
BENEFITS SOUGHT:
activate equity into a larger deal
COUNSELOR:
Jim Carmichael
Berkshire Hathaway Commercial Real Estate
2320 Grandview Drive
Fort Mitchell, Kentucky, 41017
