231 Fernwood Ave
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231 Fernwood Ave
2 Unit Apartment Building $149,000 ($74,500/Unit) 10.81% Cap Rate Dayton, OH 45405
Investment Highlights
- Tenants pay all utilities
- Two 2-bedroom, 1-bath apartments
Executive Summary
Introducing 229-231 Fernwood Avenue, a prime investment opportunity in Dayton, OH. This historic 1,792 SF property,
built in 1928, consists of two 2-bedroom, 1-bath units, offering the perfect investment for the savvy Multifamily / Low-
Rise/Garden investor. With tenants responsible for all utilities, lawn, & other tenant responsibilities, this property
provides a steady cash flow.
built in 1928, consists of two 2-bedroom, 1-bath units, offering the perfect investment for the savvy Multifamily / Low-
Rise/Garden investor. With tenants responsible for all utilities, lawn, & other tenant responsibilities, this property
provides a steady cash flow.
Property Facts
| Price | $149,000 | Apartment Style | Single Family Home |
| Price Per Unit | $74,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 10.81% | Building Size | 1,792 SF |
| No. Units | 2 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1928 |
| Price | $149,000 |
| Price Per Unit | $74,500 |
| Sale Type | Investment |
| Cap Rate | 10.81% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 1,792 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1928 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $887.50 | 896 |
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Doug Broomhall -
West Fork Realty Group, LLC
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231 Fernwood Ave
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