Description
**For Sale: 13-Unit Multifamily Property in Brookville, OH " High Yield Investment Opportunity** Welcome to this incredible 13-unit multifamily property located in the heart of Brookville, Ohio. This turnkey investment opportunity offers a **9.7% cap rate** and a **16.2% cash on cash return**, with the potential for **unlimited cash flow**! The property consists of five buildings, including a charming, small independent house and multiple detached garages. Off-street parking provides convenience for tenants, while recent updates include the roof and vinyl siding enhance curb appeal and longevity. An on-site coin-operated laundry facility adds additional revenue potential. Many of the units have been recently updated, and there are two vacant units available for immediate showings, allowing for easy tenant transition or further customization. Conveniently located with easy access to highways, local dining, and shopping, this property is ideally situated to attract renters. Whether you're a seasoned investor looking to expand your portfolio or just getting started, this is an outstanding opportunity with huge growth potential. Dont miss your chance to own this high-performing asset!
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19BEDS
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0.49ACRES
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13BATHS
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01/2 BATHS
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11,834SQFT
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$58$/SQFT
Description
**For Sale: 13-Unit Multifamily Property in Brookville, OH " High Yield Investment Opportunity** Welcome to this incredible 13-unit multifamily property located in the heart of Brookville, Ohio. This turnkey investment opportunity offers a **9.7% cap rate** and a **16.2% cash on cash return**, with the potential for **unlimited cash flow**! The property consists of five buildings, including a charming, small independent house and multiple detached garages. Off-street parking provides convenience for tenants, while recent updates include the roof and vinyl siding enhance curb appeal and longevity. An on-site coin-operated laundry facility adds additional revenue potential. Many of the units have been recently updated, and there are two vacant units available for immediate showings, allowing for easy tenant transition or further customization. Conveniently located with easy access to highways, local dining, and shopping, this property is ideally situated to attract renters. Whether you're a seasoned investor looking to expand your portfolio or just getting started, this is an outstanding opportunity with huge growth potential. Dont miss your chance to own this high-performing asset!
The data relating to real estate for sale on this website comes in part from the Dayton Area Board of REALTORS® MLS IDX Database. Real estate listings held by brokerage firms other than Irongate Realtors | Dayton's Home Team are marked with the IDX logo and detailed information about them includes the name of the listing brokers. IDX information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Data last updated 2024-10-05T00:04:13.16.
Listing provided courtesy of Jonathan H Murray of BH&G Real Estate Big Hill: . © 2024 Dayton Area Board of REALTORS® MLS. Information Deemed Reliable But Not Guaranteed.