1800 N James H McGee Boulevard Dayton, OH 45417

Other Residence

28 Beds

28 Baths

21,420 Sq. Ft.

0.89 Acre Lot

Property Activity

Time on Site

days

Days on Market

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Last updated on 9/27/2024 4:12 PM

Listing Details

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 propertyâs longevity and reducing future maintenance costs. The framing for all 28 units is already complete, positioning this asset perfectly for immediate deve...lopment. 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. Donât miss your chance to add this lucrative asset to your portfolio. Act quicklyâthis property is bound to attract strong interest, and youâll want to secure it before someone else does. Continue reading

MLS#

918395

Property Type

Other

Bedrooms

Bathrooms

28 Full

Year Built

1966

Square Feet

21,420 sq. ft

Lot Size