Collect $6,000/month OR MORE on this 10 Unit Property in Cincinnati, OH!
** 10% Pro Forma Cap Rate **
• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?
For less than the price of many Single Family Homes, you can have 10 income-producing units!
PRICED TO MOVE QUICKLY: $370,000
Don’t miss out!
This multifamily property offers multiple money-generating strategies:
Pro forma cap rate 10%, cash-on-cash return 15%
Great niche property for seniors 55 and older!
Good property management in place
Waiting list of 30 seniors
Perfect small apartment starter
Rents in the process of being raised to market
Value of $450,000 after completing stabilization
Seniors properties have less damage and low turnover
Priced to MOVE!
Even more possible value plays!
This is an off-market deal.
For More Information:
- 7227 Bernard Ave
- Zip Code:
- For Sale
- Property Type: