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$11,030,000

2805 Digby Avenue, Cincinnati, OH 45220

0.38 acres lot
Commercial Sale
0.38 acres
34 days on market
MLS# 1893888

About this home

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.

Facts & features

Property

Property Type
Commercial Sale
Year Built
0
Lot Size
0.38 acres

Listing details

Price
$11,030,000
Status
Active
Days on Market
34
MLS Number
1893888
Listing Agent
Scott Marvin
Brokerage
Team Results Realty

Features

Style
Commercial
Basement
Full
Heating
Natural Gas
Cooling
Central Air
Roof
Shingle, Membrane
Sewer
Public Sewer
Water
Public

Location

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