186 S Wood Street

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186 S Wood Street

Wilmington, OH 45177
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 apartment building located in Wilmington, Ohio
  • Strategically positioned between the Cincinnati and Columbus markets
  • Asset located at the 186 S Wood Street address
  • Suitable for investors targeting regional residential housing demand
  • Property situated within a growing local economic environment

What's Special

This multifamily apartment building at 186 S Wood Street in Wilmington, Ohio, provides a residential investment option in a growing regional market. Wilmington serves as a key commercial hub between Cincinnati and Columbus, offering proximity to major regional logistics centers and regional employment drivers. The property is well-positioned for investors seeking to capture demand for rental housing within the local community. Residential assets in this submarket typically attract tenants looking for consistent access to primary transit routes and established neighborhood services. Given the structure of the local rental market, this building remains a viable candidate for long-term hold strategies focused on steady occupancy and reliable cash flow.

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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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