Listed By
Agency Name: Team Results Realty
Agent Name: Scott Marvin
Agency Phone: 614-382-2124
Shown By
Agent Name: Doug Green
Agent Phone: (614) 893-8772
Agency Title: Cutler Real Estate
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Property Description
Being sold as a package, this six-property, 104-unit portfolio is 100% occupied and offered at $11,030,000, or $106,058 per unit, with average in-place charges of $1,224 per unit. The portfolio is priced at a 7.53% cap rate based on historical T-12 actual financials. Located approximately two blocks from the University of Cincinnati, the properties benefit from exceptional proximity to campus, Uptown employment, and surrounding medical institutions. Strong demand from students, graduate students, faculty, and medical professionals, combined with convenient off-street parking, makes this a highly desirable and well-positioned portfolio. The portfolio was assembled and held by ownership for approximately 20 years. Additional properties include 384 Probasco, 356 Probasco, 618 Probasco, 274 Senator, and 2409-2417 W Clifton. Additional information and financials are available upon request.
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Full
Cooling: Central Air
Days on Market: 10
Heating: Gas
Lot Size: 0.38 Acres
Roof Type: Shingle, Membrane
Stories: 3.0
Feature Descriptions
Exterior: Brick
Flooring: Carpet
Foundation: Poured
Gas: Natural
Parcel #: 101-0006-0061-00
Sewer: Public Sewer
Total Buildings: 6
Water: Public
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2805 Digby Avenue | MLS# 1893888
This commercial property located at 2805 Digby Avenue, Cincinnati, OH 45220 is currently listed for sale with an asking price of $11,030,000. Search Cincinnati real estate on www.douggreenrealtor.com today.