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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
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

PROPERTY TAXES

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)
  • Listing ID: 30054734

  • Date on Market: 2023-11-14

  • Last Updated:

  • Address: 2030-2036 Catalpa Dr, Dayton, OH 45406

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