This building is comprised of 28 apartment units. There are 24 1-bedroom, 1-bath apartments and 4 efficiency units. The seller has been updating the property over the past year as well as filling the occupancy over that period of time. The property is currently 96.4% occupied. Now that the property is stabilized, the seller is willing to sell it. The seller still has plans to repave the parking area, install new windows, and install new electrical boxes. These items are included in the listing price. Most rents are $550 per month.
Downtown Dayton has set about revitalizing itself by adding different amenities such as Schuster Center for the Performing Arts; Fifth Third Field – home of the Dayton Dragons; Riverscape – a beautifully landscaped performing venue; as well as a pedestrian and bike friendly starting point that leads to hundreds of miles of bike paths and trails. Additionally, lots of housing has been added such as townhouses, lofts and rental options. If urban is your interest, downtown Dayton is where its at with restaurants, entertainment, brew pubs, banks and other retail options – and all within walking distance. More than 300 performances occur in downtown Dayton every year.
475 W Grand Ave
Dayton, OH 45405