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1515 Gummer Avenue
Dayton, OH 45403
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Mainly 2-Bedroom Units <ul><li>Well-maintained asset with over 30 years of current ownership</li><li>Clear renovation value-add opportunity with below-market rents and ability to drive income through interior upgrades and operational improvements</li><li>Desirable unit mix featuring one- and two-bedroom layouts, including 9 townhome units with garages and individual HVAC systems, supporting strong tenant demand</li><li>Recent investments in the property include 1524 building roof replacement (2023), HVAC systems c
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
