2805 Digby Avenue, Cincinnati, OH 45220

$11,030,000

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Property Description

Being sold as a package, this six-property, 104-unit portfolio is offered at $11,030,000, or $106,058 per unit, at a 7.53% cap rate based on historical T-12 actual financials. Located two blocks from the University of Cincinnati, the property benefits from exceptional proximity to campus, Uptown employment, and the surrounding medical institutions. Strong year-round demand from students, graduate students, faculty, medical professionals, and young professionals, combined with convenient off-street parking, makes this a highly desirable rental location. 104-unit portfolio assembled and held by ownership for approximately 20 years. The property is 100% occupied and priced at a 7.7% cap rate on T-12 actual NOI. At $112,000 per unit, it provides immediate scale and strong current income within one of Cincinnati's most consistently sought-after rental markets.

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Courtesy of Scott Marvin with Team Results Realty

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