REAL ESTATE AUCTION
April 20, 2013 11:00 am ESTAPRIL MULTI-PROPERTY/MULTI-SELLER AUCTION
April 20, 2013 11:00 am EST
Auction will be conducted offsite by pictorial presentation at the:
LaQuinta Inn & Suites
11029 Dowlin Dr.
Cincinnati, OH 45241
Mixed Use Property
12 Apartments & 7 Store Fronts
701-711 Wyoming Ave &
101-105 Harriett St.
Cincinnati (Lockland), OH 45215
Directions: I-75 to exit #12, go west on S. Cooper to left on W. Wyoming Ave.
Inspect: Tuesday April 16 (11:00AM-1:00PM). Note: due to the almost 100% occupancy, this is the only preview time for the apartments & storefronts.
Located in the heart of the Lockland Business District is this great cash flow property consisting of 11 apartments with (1) 3 bedroom unit, (3) 2 bedroom units, and (7) 1 bedroom units, plus 7 storefronts. Currently the property is 99% occupied (1 vacant apt.) and generating gross income of $87,300.00 per year. The property is comprised of 5 brick buildings which were constructed in 1930, according to the Auditor. Newer improvements include replacement windows, awnings over storefronts, 19 furnaces, boiler, and many remodeled apartments. There is also off street parking in the courtyard. The semi-annual taxes are $3,786 based on an assessed value of $294,150. PID # 6410006000900.
AT OR ABOVE $120,000