1800 N James H Mcgee Boulevard , Dayton, OH 45417
Dayton, OH 45417
Description
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 quicklythis property is bound to attract strong interest, and you’ll want to secure it before someone else does.
Details
| MLS# | 918395 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 15 |
| Listing Provided By | Outside The Box Real Estate | Max Wechter |
Features
| Bed(s) | 28 |
|---|---|
| Bath(s) | 28 Total |
| SQ Feet | 21,420 |
| Acreage | 0.89 |
© 2023 Dayton Area Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Dayton Area Board of Realtors and the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Dayton Ohio MLS (DTON) - 48 - OH are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.Request a showing
Request a showing
Contact
Learn More About This Property
| State | OH |
|---|---|
| County | Montgomery |
| City | Dayton |
| Zip Code | 45417 |
| Area | Montgomery |
| Community Name | City/Dayton |
| School District | Dayton |
| Listing VS Median (in City/Dayton) | |
Price: $599,900 low | high Med: $134,900 SqFt: 21,420 low | high Med: 990 $ / SqFt: $28 low | high Med: $136 On Site: 15 low | high Med: 68.000000 | |