Active
1800 N James H Mcgee Boulevard
Dayton OH, 45417
$599,900
$28.01 per sqft
Active
28 Beds
28 Baths
21,420 sqft
Multi-family
Built in 1966
The property features 28 fully framed 1-bed/1-bath units, each spanning 650 square feet. A brand-new roof has been installed, ensuring the property's longevity and reducing future maintenance costs. The framing for all 28 units is already complete, positioning this asset perfectly for immediate development.
What sets this opportunity apart even further are the city-approved construction drawings by the renowned Envisage Architecture. With these plans already greenlit by the City of Dayton, the property is ready for you to add the finishing touches and bring these units to market quickly and efficiently. With everything in place, this property is set to achieve an impressive 13%+ cap rate in its first year alone. This is more than just an investment; it's a golden opportunity to secure a high-yield asset in a growing market.
Properties like this, with such substantial upside and robust cash flow potential, are rare. Don't miss your chance to add this lucrative asset to your portfolio. Act quickly--this property is bound to attract strong interest, and you'll want to secure it before someone else does.
918395
MLSⓇ ID
August 23, 2024
Listed
December 30, 2024
Updated
Map
1800 N James H Mcgee Boulevard
Dayton OH, 45417
Interior Features
Total Stories
2
Bedrooms
28
Total Bathrooms
28
Full Bathrooms
28
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.89 Acres
Other Property Details
Garage
No
Parking
No Garage
View
No
County
Montgomery
Pool
No
Zoning
Commercial
Courtesy of Max Wechter with Outside The Box Real Estate
Listing Contact: (937) 202-9001
Based on information from Dayton Area Board of REALTORS® as of 12/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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