105 S 2nd Street | 105 S 2nd St
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105 S 2nd Street 105 S 2nd St
8 Unit Apartment Building $713,562 CAD ($89,195 CAD/Unit) 8.14% Cap Rate Miamisburg, OH 45342
Executive Summary
100% occupied, beautiful building in downtown Miamisburg. Cash Cow! A building with loads of character features a Mexican restaurant that rents 2 commercial spaces and 6 apartments for a total of 8 units. The restaurant is long established in the community and apartments rent quickly. Walking distance to shops, restaurants. The apartment mix is 1 studio, 2 one bed units, 2 two bed units and 1 three bed. Total of 8 units. Offered at 8+ cap
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $105,926 | $21.51 |
Other Income | - | - |
Vacancy Loss | $5,209 | $1.06 |
Effective Gross Income | $100,716 | $20.45 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $41,965 | $8.52 |
Net Operating Income | $58,751 | $11.93 |
Financial Summary (Actual - 2023)
Gross Rental Income (CAD) | |
---|---|
Annual | $105,926 |
Annual Per SF | $21.51 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | $5,209 |
Annual Per SF | $1.06 |
Effective Gross Income (CAD) | |
---|---|
Annual | $100,716 |
Annual Per SF | $20.45 |
Taxes (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses (CAD) | |
---|---|
Annual | $41,965 |
Annual Per SF | $8.52 |
Net Operating Income (CAD) | |
---|---|
Annual | $58,751 |
Annual Per SF | $11.93 |
Property Facts
Price | $713,562 CAD | Apartment Style | Low Rise |
Price Per Unit | $89,195 CAD | Building Class | C |
Sale Type | Investment | Building Size | 4,925 SF |
Cap Rate | 8.14% | Average Occupancy | 100% |
No. Units | 8 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1890 |
Property Subtype | Apartment |
Price | $713,562 CAD |
Price Per Unit | $89,195 CAD |
Sale Type | Investment |
Cap Rate | 8.14% |
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Building Size | 4,925 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 1890 |
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Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (72)
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105 S 2nd Street | 105 S 2nd St
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