PRICE REDUCTION - Catalpa Manor | 2030-2036 Catalpa Dr
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PRICE REDUCTION - Catalpa Manor 2030-2036 Catalpa Dr
22 Unit Apartment Building $2,267,952 CAD ($103,089 CAD/Unit) Dayton, OH 45406
Investment Highlights
- 15 Units already fully remodeled
- Parking Lot Recently Resurfaced
- High Demand for Remodeled Units
- 13 units with new HVAC units
- Roof and most windows approx. 10 Years Old
- 100% OCCUPIED
Executive Summary
Excellent investment opportunity in a high-demand rental market. The Seller has fully remodeled 15+ units (kitchens, baths, HVAC, paint, flooring), resurfaced the parking lot, replaced many of the windows, and STABILIZED RENTS. 100% occupied with huge upside potential for a new Owner. Roof and most windows approx. 10-years old. The property is plumbed for an on-site laundry facility presenting significant upside potential for a new Owner - just add coin-op or credit card washers and dryers! Contact Gary Kurtz for more information.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2024) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $2,267,952 CAD | Building Class | C |
Price Per Unit | $103,089 CAD | Lot Size | 0.63 AC |
Sale Type | Investment | Building Size | 22,146 SF |
No. Units | 22 | Average Occupancy | 100% |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built/Renovated | 1966/2023 |
Apartment Style | Low Rise | Parking Ratio | 2.26/1,000 SF |
Price | $2,267,952 CAD |
Price Per Unit | $103,089 CAD |
Sale Type | Investment |
No. Units | 22 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.63 AC |
Building Size | 22,146 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built/Renovated | 1966/2023 |
Parking Ratio | 2.26/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Carpet
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1.5 | 16 | $1,240 CAD | 725 |
3+1.5 | 6 | $1,524 CAD | 900 |
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PROPERTY TAXES
Parcel Number | R72-11706-0004 | Improvements Assessment | $177,281 CAD (2023) |
Land Assessment | $44,867 CAD (2023) | Total Assessment | $222,148 CAD (2023) |
PROPERTY TAXES
Parcel Number
R72-11706-0004
Land Assessment
$44,867 CAD (2023)
Improvements Assessment
$177,281 CAD (2023)
Total Assessment
$222,148 CAD (2023)
zoning
Zoning Code | C (Multi-Family Residential) |
C (Multi-Family Residential) |
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PRICE REDUCTION - Catalpa Manor | 2030-2036 Catalpa Dr
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