432 N Gettysburg Ave
4 Unit Apartment Building $217,500 ($54,375/Unit) 9.68% Cap Rate Dayton, OH 45417
EXECUTIVE SUMMARY
Fully occupied, this four-family is comprised of two 1-bed units and two efficiency unit. Scheduled rents are $700, $650, $600, & $625. Two units have been recently turned/renovated. Tenants pay for heat and electric.
PROPERTY FACTS
| Price | $217,500 |
| Price Per Unit | $54,375 |
| Sale Type | Investment |
| Cap Rate | 9.68% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,444 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 2.32/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $625.00 | - |
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PROPERTY TAXES
| Parcel Number | R72-12702-0058 | Improvements Assessment | $31,210 |
| Land Assessment | $1,730 | Total Assessment | $32,940 |
