Investment Property for Sale
Country Meadows Apartments
1400 Hickman Rd.
Xenia, Oh, 45385
Huge income increase possible if leased to students! Manage it closely and see your income grow! Country Meadows is a three building 50 unit apartment complex located right next to Central State University. Remodeled 2007-2008, all units brought online 5/2008. New electric, plumbing, flooring, roofs, and other new items. Coin operated laundry facilities in each building. Low vacancy rate, excellent cash flow and 2009 Cap rate of 8.6%. Currently only two units leased to students.
Xenia Township, property sits adjacent to Central State University
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David Dickinson at 937-572-1222 Email:
ddickinson@hricommercial.com
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List Price:
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$1,550,000
REDUCED
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Property Type:
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Multi-family
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County:
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Greene
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Cap Rate:
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8.6%
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Municipality:
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Xenia
Township
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Gross Income:
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Current Zoning:
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Commercial
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Operating Expenses:
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Total Sq. Ft.:
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Number of Tenants:
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Stories:
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2
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Lease Type(s):
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Year Built:
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1968
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Land Area:
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3.168 acres
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Construction:
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Block * brick
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"The information submitted herein is not guaranteed.
Although obtained from reliable sources, it is
subject to error, omissions, prior sale and
withdrawal from the market without notice"
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