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Multifamily

217 East St Apartments

217 East St, Springfield, OH 45505

Listing Price: Request For Offer

Number of Units
12
Gross SF
31,799

Investment Overview

Marcus & Millichap is pleased to present 217 East St Apartments, a 12-unit apartment complex located in Springfield, OH. The community consists of six two-bedroom, one-bathroom and six three-bedroom, one-bathroom apartments. The asset is currently 100% occupied and has 12,600 rentable sqft. on a total of 0.3 acres. 217 East St Apartments offers incoming investors the opportunity capitalize on the desirable characteristics of the property, cash flow by being 100% occupied, and benefit from the recent capital expenditures.

Investment Highlights

  • Positive Property Characteristics – 217 East St Apartments Benefits from Having Individual HVAC Systems for Each Tenant. This Allows the Owner to put the Utilitiesin the Tenants' Name.
  • Currently Fully Occupied – 217 East St Apartments Underwent a Large-Scale Renovation that was Completed in Late 2023. It Leased Up Quickly to 100 Percent Occupancy.
  • Recent Capital Improvements - 217 East St Apartments has had Over $350,000 Invested in Capital Improvements Over the Past 12 Months

Exclusively Listed By

Multifamily

217 East St Apartments

Listing Price: Request For Offer

Number of Units
12
Gross SF
31,799

Investment Highlights

  • Positive Property Characteristics – 217 East St Apartments Benefits from Having Individual HVAC Systems for Each Tenant. This Allows the Owner to put the Utilitiesin the Tenants' Name.
  • Currently Fully Occupied – 217 East St Apartments Underwent a Large-Scale Renovation that was Completed in Late 2023. It Leased Up Quickly to 100 Percent Occupancy.
  • Recent Capital Improvements - 217 East St Apartments has had Over $350,000 Invested in Capital Improvements Over the Past 12 Months

Investment Overview

Marcus & Millichap is pleased to present 217 East St Apartments, a 12-unit apartment complex located in Springfield, OH. The community consists of six two-bedroom, one-bathroom and six three-bedroom, one-bathroom apartments. The asset is currently 100% occupied and has 12,600 rentable sqft. on a total of 0.3 acres. 217 East St Apartments offers incoming investors the opportunity capitalize on the desirable characteristics of the property, cash flow by being 100% occupied, and benefit from the recent capital expenditures.

Exclusively Listed By

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