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Archived about 2 months ago

$1,800,000

rooms 1 ba 14800 sqft

2648 parlawn drive, Kettering , OH 45440

Multiple Occupied

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Ari Troni

Off-Market 21 Unit in Kettering, Ohio – Value-Add Opportunity

21-unit multifamily opportunity in Kettering, Ohio near the Dayton market.

* 2-building property (~14,800 sqft)
* Long-term ownership (17+ years)
* Majority of units updated (flooring, paint, doors, countertops)
* Strong rental location near schools, retail, and highway access
* Additional income from on-site coin laundry

Investment Highlights:

* Stabilized asset with upside through rent increases
* Consistent demand area with solid tenant base
* Value-add potential without heavy rehab

Deal Overview:

* Asking: ~$1.75M–$1.85M (negotiable depending on terms)
* Estimated 7–9% cap potential with optimization
* Off-market / direct opportunity

Looking for serious multifamily buyers ready to move quickly.
Can provide additional details (rent roll, financials, photos) upon request.

Location:

2648 parlawn drive, Kettering , OH 45440

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.