The property features 28 fully framed 1-bed/1-bath units, each spanning 650 square feet. A brand-new roof has been installed, ensuring the property’s longevity and reducing future maintenance costs. The framing for all 28 units is already complete, positioning this asset perfectly for immediate development. What sets this opportunity apart even further are the city-approved construction drawings by the renowned Envisage Architecture. With these plans already greenlit by the City of Dayton, the property is ready for you to add the finishing touches and bring these units to market quickly and efficiently. With everything in place, this property is set to achieve an impressive 13%+ cap rate in its first year alone. This is more than just an investment; it's a golden opportunity to secure a high-yield asset in a growing market. Properties like this, with such substantial upside and robust cash flow potential, are rare. Don’t miss your chance to add this lucrative asset to your portfolio. Act quickly—this property is bound to attract strong interest, and you’ll want to secure it before someone else does.
Property Details
General Information
| Property Type | Multi-Family |
|---|---|
| Style | 5+ Units |
| Suburb | Dayton |
| Zip Code | 45417 |
| School District | Dayton City SD |
| MLS# | 918395 |
Additional Information
| Construction | Brick |
|---|---|
| Lot Dimensions | .891 |
| Total Acres | 0.891 |
| Occupancy | At Closing |
| Semi-Annual Taxes | $5,071.89 |
Property Features
| Property SqFt. | 21,420 |
|---|---|
| Basement | Slab |
| Garage | None |
| Cars | 0 |
| Heating | Other |
| Cooling | None |
Additional Features
Multi-Family Information
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1800 James H Mcgee BLVD
DAYTON, OH 45417
Multi-Family: 5+ Units
Listing # 918395
Agent Remarks:
The property features 28 fully framed 1-bed/1-bath units, each spanning 650 square feet. A brand-new roof has been installed, ensuring the property’s longevity and reducing future maintenance costs. The framing for all 28 units is already complete, positioning this asset perfectly for immediate development. What sets this opportunity apart even further are the city-approved construction drawings by the renowned Envisage Architecture. With these plans already greenlit by the City of Dayton, the property is ready for you to add the finishing touches and bring these units to market quickly and efficiently. With everything in place, this property is set to achieve an impressive 13%+ cap rate in its first year alone. This is more than just an investment; it's a golden opportunity to secure a high-yield asset in a growing market. Properties like this, with such substantial upside and robust cash flow potential, are rare. Don’t miss your chance to add this lucrative asset to your portfolio. Act quickly—this property is bound to attract strong interest, and you’ll want to secure it before someone else does.
Driving Directions:
N on Brooklyn Ave., W on James H McGee Blvd.
This listing courtesy of Outside The Box Real Estate. All Information is believed accurate, but is NOT guaranteed.
All information is believed accurate, but NOT guaranteed.
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