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1200 Germantown Rd - 1200 Germantown Rd

2 Unit Apartment Building Offered at $250,000 at a 8.39% Cap Rate in Middletown, OH 45042

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Investment Highlights

Two 2-bedroom, 1-bath apartments
Detached garage parking

Tenants pay for heat and electric

Executive Summary

Introducing an exceptional investment opportunity in the heart of Middletown, OH. This charming property boasts a
1,050 SF low-rise building with two meticulously renovated units, offering a blend of modern comfort and historic
charm. Each unit consists of two 2-bedroom, 1-bath apartments. Roof is 3 years old. Laundry facilities: each unit has
washer and dryer. Central Air Conditioning. Detached garage parking. Tenants pay for heat and electric. Originally built
in 1940 and thoughtfully revitalized in 2024, the property exemplifies timeless appeal and contemporary convenience.
Currently enjoying full occupancy, this turnkey investment promises immediate returns. With its prime location and
recent updates, this property represents an ideal prospect for the savvy multifamily / low-rise garden investor seeking a
stable and lucrative addition to their portfolio.

Property Facts

Price	$250,000	Apartment Style	Low Rise
Price Per Unit	$125,000	Building Size	1,050 SF
Sale Type	Investment	Average Occupancy	100%
Cap Rate	8.39%	No. Stories	2
No. Units	2	Year Built/Renovated	1940/2024
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$250,000
Price Per Unit	$125,000
Sale Type	Investment
Cap Rate	8.39%
No. Units	2
Property Type	Multifamily
Apartment Style	Low Rise
Building Size	1,050 SF
Average Occupancy	100%
No. Stories	2
Year Built/Renovated	1940/2024
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.