Parrish Avenue

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Parrish Avenue

Hamilton, OH 45011
Asking Price
$235K
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 on Parrish Avenue
  • Asset is situated within the city of Hamilton, Ohio
  • Priced at two hundred thirty-five thousand dollars for acquisition
  • Property located in a established residential sector of 45011
  • Building serves as a potential income-generating investment opportunity

What's Special

This multifamily property on Parrish Avenue in Hamilton, OH, is available for purchase by investors seeking to expand their residential real estate portfolio. The apartment building serves as a practical addition for those focused on income-generating assets within a growing suburban market in the Greater Cincinnati region. Hamilton offers a central location with access to major thoroughfares, supporting stable rental demand from local residents throughout the area. Prospective buyers will find the site provides a functional footprint for multifamily management. Given its configuration, the asset is suited for long-term hold strategies or value-add repositioning efforts aimed at enhancing rental yields. The local economy benefits from a mix of service and industrial sectors, maintaining a consistent need for accessible housing options. This building represents a straightforward entry point for stakeholders looking to secure residential holdings in an established neighborhood.

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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

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