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611-621 De Votie Ave
Cincinnati, OH 45225
De Votie Gardens · Multifamily Property For Sale
·
28 Units
PROPERTY FACTS
| No. Units | 28 | Building Size | 17,088 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.69 AC | ||
| Zoning | RM-2.0 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 17,088 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RM-2.0 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Carpet
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
ABOUT 611-621 DE VOTIE AVE , CINCINNATI, OH 45225
Value-Add Opportunity – Jennifer M. Donathan, Senior Investment Advisor of KW Commercial is pleased to present an excellent opportunity to acquire 28 units in Clifton Ohio home to the University of Cincinnati. Located at the corner of De Votie and Marshall Avenue. The property is about a 15-20 minute walk to UC’s Campus. The offering presents a redevelopment and repositioning opportunity. It’s strategic location in relation to its short distance to downtown Cincinnati, UC’s Campus and Cincinnati’s hospital HUB is what makes this property so desirable to renters, investors and community leaders. The property features twenty-six spacious one bedroom units and two 2 bedroom units. Offering Overview-The offering consists of one 2 story building located at 611, 621 De Votie Avenue, Cincinnati, Ohio 45225 in Hamilton county. The building was built in 1969, comprised of 17,088 sf and is situated at the corner of Marshall Avenue with .6 acres. The property offers a private parking lot. Currently there is separate electric baseboard heat. Landlord only pays water and trash and tenants pay their own electric and heat.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 26 | - | 600 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $132,703 | |
| Land Assessment | $91,865 | Total Assessment | $224,568 |
PROPERTY TAXES
