4 Plex Central Ohio Turnkey 21.6% Cash-on-Cash $120k
Recently rennovated 4-plex in Urbana, Ohio (city of ~11,500). Apt is located about 2.5 block from downtown with many new shops/resturaunts.
Property was purchased and rehabbed over the past 6 months, with new tenants, and under professional property management.
Urbana is about 15 miles from Springfield, 25 miles from Dayton, and 45 miles from Columbus.
Asking price: $120,000
NOI: $12,783
Cap: 10.65%
Cash on Cash: 21.6%
Potential for additional value add and rent increases.
Property is not currently listed with a broker, off market.
More pictures are available by request.
Offering