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2008 Colerain Avenue
Cincinnati, OH 45214
Asking Price
$235K
Asset Type
Apartment Building Retail
Class
Class B
What's Special
Full Rehab Triplex near TQL Stadium and OTR... Seller Financing Available <ul><li><span style="color: rgba(0, 0, 0, 1)">Seller Financing Available! </span></li><li><span style="color: rgba(0, 0, 0, 1)">This project offers a major head start. Includes a $35K+ package of documents: full historic drawing set, approved Part 2 applications (ODOD & SHPO), architectural drawings (not yet engineered), photo survey, and more. All materials transfer to the buyer. </span></li><li>Each unit has a full floor; </li><li>Federal and State tax credits available </li></ul>
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NOI
$80,000
Cap Rate
34.04%
DSCR
5.73
Strong
Cash-on-Cash
93.69%
Monthly Payment
$1,162.652
Annual Cash Flow
$66,048.179
