W Cherry Street

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W Cherry Street

Georgetown, OH 45121
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset available for sale in Georgetown, Ohio.
  • Property is located on W Cherry Street near downtown.
  • Suitable for investors targeting long-term residential rental income.
  • Georgetown serves as the county seat for Brown County.
  • The apartment building offers a strategic footprint for operators.

What's Special

Investors seeking an entry into the Georgetown rental market will find this multifamily apartment building on W Cherry Street a practical addition to an existing portfolio. Positioned within the heart of Brown County, the property benefits from a steady regional demand for residential housing. As the county seat, Georgetown serves as a central hub for residents working in professional services, local education, and municipal roles, providing a consistent pool of potential tenants looking for stable living arrangements in a small-town setting. This asset type remains a staple for those focusing on long-term rental income and value-add strategies in Ohio markets. The building layout supports efficient management for either a local owner-operator or an investor looking for a manageable scale within the region. Given the ongoing need for quality apartment stock, this facility is positioned to maintain occupancy in a community known for its historical character and modest cost of living.

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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

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