Seeking $170k for 12 months @ 8-10% interest (no HML)

[Kémo A'akhutera]

Former group home in downtown Dayton, OH. Two single-family homes were impeccably remodeled to form one large residence. 

The previous owner has invested over $900,000 into the property and is offering it in move in condition. 

1st Floor: 

• 10 single rooms (80-100sf), 
• 4 full bathrooms 
• Large commercial kitchen 
• Laundry room 
• Large dining/meeting room (connected to kitchen) 
• Sitting area 
• Administration wing with 4 small offices* and a half bathroom. 

2nd Floor:

• 2 efficiency apartments with kitchenettes and 3/4 bathrooms 
• 3 living room areas 
• 4 meeting rooms* 
• 1 full bathroom

There are two basements for storage. 

*The 4 meeting rooms and 3 of the offices have the ability to be converted into 7 more bedrooms to bring the total to 17 private rooms plus the 2 studio apartments.

The entire building has: 

• Central air & heating. 
• Fire alarm and suppression system 
• 10 parking spaces and additional street parking. 

Centrally located on Wayne Ave just one block south of US-35

WALK-THROUGH VIDEO (17m:20s)

Total Purchase Price: $187,000

10% (18,700) earnest money has already been deposited

Closing: May 20th, 2019