Six place in Eastern Ohio, 9% CAP rate

[Angela Phillips]

6 unit Townhouse/Apartment Bldg  $375,000,  monthly rent $3,725

•2 Large Townhouses with full basements – 2 bedrooms each

•4 Large Apartments – 2 bedrooms each with laundry rooms

•3 Single stall attached garages with remote entry

•Tenants pay electric/gas/cable

•Owner pays water/sewer/trash

•Brick Exterior

•Very well maintained building with great tenants

•New Roof Fall 2016

•New Garage doors Fall 2016

•New Garage door openers on 2 units Fall 2016

•New Porch railings, handrails, and decking Fall 2016

•New sofit, fascia and spouting Fall 2016

•New 176’ privacy fence Fall 2016

•New shower surround in Townhouse E in 2017

•Various other updates

•Beautiful hardwood floors in all units (some covered with carpet)

•Gas furnace in each units, air conditioning in all units except E 

Unit	Monthly Rent	Description
A Apartment	$600	2 bedroom, 1 car garage
B Apartment	$575	2 bedroom
C Apartment	$575	2 bedroom
D Apartment	$650	2 bedroom, 1 car garage, Stainless stove/fridge, white washer/dryer
E Townhouse	$650	2 bedroom,Offstreet parking, Stainless stove/fridge
F Townhouse	$675	2 bedroom, 1 car garage
Monthly Rent	$3,725