3914 E Gatewood LaneSilverton, OH 45236
7.4% cap rate with current below market rents! Brick,(2)2-bedroom,(2)1-bedroom apartments with garages, replacement windows, located near bus, hospitals & shopping. Excellent rental history with long term tenants on month to month tenancy.
Silverton is a proud, enterprising village with a heritage that dates back to days shortly after the Revolutionary War. The atmosphere is still antique, but the spirit is progressive in every way. The area was settled in 1809 as a farming community with a railroad stop. Some notable Silverton residents include: Heisman Trophy winner, Roger Staubach; Fortune 500 CEO Carl Lindner; MLB Hall of Fame member and Cincinnati Reds Shortstop, Barry Larkin; and Olympian George Quigley. Silverton now has 4,800 residents. The village is enjoying a $50 million redevelopment project along Montgomery Road which is bringing luxury apartments, office space as well as street-level retail and restaurant spaces.
There are several hospitals serving Silverton. Mercy Health - The Jewish Hospital is conveniently located on Kenwood Road in nearby Sycamore Township and is only a five-minute drive. This hospital features a state-of-the-art patient tower as well as a 24-hour emergency department. It is the region’s only adult Blood & Marrow Transplant Center. Bethesda North Hospital, a Level III Trauma Center, is located in the adjoining Montgomery area and is a short 10-minute drive away.
Other Cincinnati area hospitals, such as The Christ Hospital, Good Samaritan Hospital, University Hospital and the Children’s Hospital Medical Center are located within a 20-minute drive.
3914 E Gatewood Lane
Silverton, OH 45236