REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,650,000
Est. payment | /mo
10,488 SqFt
$ 2,650,000
Est. payment | /mo
10,488 SqFt
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,488 sqft
Price per Sqft $252
MLS Listing ID 1887582
Year Built 1974
Lot Size 0.330 Acres
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
3935-3939 Wilma Ct is a 24-unit garden-style property offered at a 8.78% cap rate. The unit mix includes 10 two-bedroom and 14 one-bedroom apartments with 100% occupancy. Each unit features individual HVAC and water heaters. Tenants pay separate electric, and RUBS is in place to offset owner-paid utilities. At full occupancy, potential gross rents exceed $28,000 per month. The property also includes 36 surface parking spaces. Additional upside exists through rent increases, adding hardwired internet, storage, and courtyard improvements. Located in Withamsville, approximately 20 minutes from downtown Cincinnati via I-275, this property offers strong in-place returns and continued growth potential.
Location
State OH
County Clermont
Area Clermont-C01
Rooms
Basement Partial
Interior
Heating Electric, Forced Air
Cooling Wall Unit
Fireplaces Type None
Window Features Vinyl
Exterior
Parking Features None
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
School District West Clermont Local
Listed by Keller Williams Advisors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "