Chestnut Street

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Chestnut Street

Hamilton, OH 45011
Asking Price
$1.50M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for purchase in Hamilton Ohio
  • Asset is currently listed for an asking price of 1,500,000 dollars
  • Located within the 45011 zip code of Butler County
  • Suitable for investors targeting workforce housing and residential rental demand
  • Positioned for convenient access to the greater Cincinnati regional market

What's Special

Priced at $1,500,000, this multifamily apartment building on Chestnut Street represents a significant acquisition in the Hamilton, Ohio market. The property provides a residential investment opportunity within a city experiencing steady economic development and infrastructural investment. Its positioning in the 45011 zip code offers connectivity to the broader Cincinnati metropolitan area, which continues to attract a diverse demographic of renters and employers. Investors looking for workforce housing assets will find this location suitable for maintaining consistent occupancy rates. The Hamilton submarket benefits from its proximity to regional transit arteries and a growing local economy that supports long-term residential demand. Given the nature of this apartment building, it is well-positioned for an owner focused on multi-family yield and portfolio stability in a classic suburban environment.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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