Timothy Sisler - Coldwell Banker Heritage
754 Randler Ave
Vandalia, OH 45377

Description

Outstanding 18 unit apartment complex consisting of 18 one bedroom units and 6 two bedroom units with ideal location across from Helke Elementary and Helke Park. Property is also located within minutes of Miller Lane shopping, Vandalia Rec Center and Dayton Airport. Over $175,000 has been spent renovating 12 of the 18 units within new LVP floors, paint, light fixtures, countertops, and cabinets. Monthly Rental income is $9,960, annual NOI is $66,780, with a cap rate of 8.34. If you are looking for a turnkey cash cow investment where all the work has been done for you, this is complex is for you.

Details

MLS#775206
Sub-TypeResale
StatusPending - Show
Year1974
Days On Site29

Features

SQ Feet576
Building(s)1

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Area Information

StateOH
CountyMontgomery
CityVandalia
Zip Code45377
AreaMontgomery
Listing VS Median (in 45377)
Price:
$800,000
low | high
Med:
$129,950
100% of Average
SqFt:
576
low | high
Med:
1,370
87.760416666667% of Average
$ / SqFt:
$1,389
low | high
Med:
$95
100% of Average
On Site:
29
low | high
Med:
72
40.277777777778% of Average
Listing Updated: 10/21/2018
MLS Number: 775206
Listing Provided By:
Mike Mefferd  of  Key Realty