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28 W. Nottingham Rd. 28 W Nottingham Rd

4 Unit Apartment Building $249,900 ($62,475/Unit) 9.17% Cap Rate Dayton, OH 45405

INVESTMENT HIGHLIGHTS

  • Tenants pay for heat and electric
  • New windows throughout.
  • Four 1-bedroom, 1-bath apartments
  • Roof is approximately 2 to 3 years old
  • All four units have been recently meticulously renovated

EXECUTIVE SUMMARY

Introducing a prime multifamily investment opportunity! This property consists of four 1-bedroom, 1-bath apartments, all of which
have been recently meticulously renovated. The roof is approximately 2 to 3 years old, and there are new windows throughout.
Built in 1947, the property combines timeless charm with modern upgrades. Each unit provides a comfortable living space and
desirable amenities, ensuring tenant satisfaction. Investors will appreciate the strong rental market in the area and the opportunity
to maximize their investment in this well-maintained and attractive property. Don't miss the chance to add this gem to your
portfolio and capitalize on the thriving multifamily market in Dayton. The following photos with furniture have been virtually staged.

PROPERTY FACTS Under Contract

Price $249,900
Price Per Unit $62,475
Sale Type Investment
Cap Rate 9.17%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Size 4,059 SF
Average Occupancy 50%
No. Stories 2
Year Built/Renovated 1947/2025

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 $642.50 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
E20-18007-0001
Land Assessment
$8,860
Improvements Assessment
$12,340
Total Assessment
$21,200
  • Listing ID: 34658174

  • Date on Market: 1/30/2025

  • Last Updated:

  • Address: 28 W Nottingham Rd, Dayton, OH 45405

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