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7624 Rosewood Dr

10 Unit Apartment Building $850,000 ($85,000/Unit) 9.15% Cap Rate Blanchester, OH 45107

INVESTMENT HIGHLIGHTS

  • Updated and Well-Maintained
  • Desirable Location
  • Value-Add Potential
  • Stabilized Investment

EXECUTIVE SUMMARY

Investment Opportunity: 10-Unit Townhome Property in Blanchester, Ohio
Location: Blanchester, Ohio
Property Type: Two 5-Unit Townhome Buildings (10 Total Units) (ALL TWO BEDROOM UNITS)
Occupancy: 90% Stabilized
This is a rare find—a stabilized asset with "meat on the bones" for value-add investors. Whether you're a seasoned investor looking for consistent income or a first-time commercial buyer seeking a manageable opportunity with room to grow, these townhomes are a must-see.
Don’t Miss Out! Opportunities like this don’t last long in the Blanchester market. Contact us today to request the full financial package, schedule a tour, and secure your foothold in this lucrative investment!

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $850,000
Price Per Unit $85,000
Sale Type Investment
Cap Rate 9.15%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.40 AC
Building Size 4,108 SF
Average Occupancy 90%
No. Stories 2
Year Built 1971

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Family Room

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 10 $1,015 825

ZONING

Zoning Code R-5 (Designed to accommodate single-family homes and ensure a cohesive residential environment.)
R-5 (Designed to accommodate single-family homes and ensure a cohesive residential environment.)
  • Listing ID: 33959343

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 7624 Rosewood Dr, Blanchester, OH 45107

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