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Multifamily

Sal Boulevard

300 Sal Blvd, Trenton, OH 45067

Listing Price: $1,625,000

Cap Rate
7.26%
Number of Units
12
GRM
9.50
Occupancy
100.0%
Price/Unit
$135,417
Price/Gross SF
$123.11
Gross SF
13,200

Investment Overview

Marcus & Millichap is pleased to present Sal Boulevard, a 12-unit multifamily investment opportunity located in Trenton, Ohio within Butler County. The property is comprised of three adjacent four-unit townhouse buildings that are separately parceled, offering flexibility for future disposition. Constructed in 1996, the asset totals approximately 13,200 rentable square feet and consists entirely of 2-bedroom townhouse-style units.

Sal Boulevard is currently stabilized at 100 percent occupancy with eight units renovated and an average effective rent of $1,187. All units feature washer and dryer hookups with tenant-paid utilities, supporting strong operating efficiency and attractive financing options. The property is well positioned between Cincinnati and Dayton in a growing submarket supported by approximately $88,000 average household income, population growth, and continued industrial and employment investment in the area.

Investment Highlights

  • Built in 1996, this Property Features all Two-Bedroom Townhouse Units with 1,100 SF Layouts and Washer/Dryer Hookups in Every Unit, Offering Durable Construction and a Renter-Preferred Floor Plan
  • Stabilized at 100 Percent Occupancy with 8 Units Renovated, Average Effective Rents of $1,187, and Tenant-Paid Utilities. Strong In-Place Income Supports Attractive Agency and Local Bank Financing
  • Located in a $88,000 Average Household Income Area, Positioned Midway between Cincinnati and Dayton, Benefiting from Population Growth, Expanding Employment, and Ongoing Regional Investment

Exclusively Listed By

Multifamily

Sal Boulevard

Listing Price: $1,625,000

Cap Rate
7.26%
Number of Units
12
GRM
9.50
Occupancy
100.0%
Price/Unit
$135,417
Price/Gross SF
$123.11
Gross SF
13,200

Investment Highlights

  • Built in 1996, this Property Features all Two-Bedroom Townhouse Units with 1,100 SF Layouts and Washer/Dryer Hookups in Every Unit, Offering Durable Construction and a Renter-Preferred Floor Plan
  • Stabilized at 100 Percent Occupancy with 8 Units Renovated, Average Effective Rents of $1,187, and Tenant-Paid Utilities. Strong In-Place Income Supports Attractive Agency and Local Bank Financing
  • Located in a $88,000 Average Household Income Area, Positioned Midway between Cincinnati and Dayton, Benefiting from Population Growth, Expanding Employment, and Ongoing Regional Investment

Investment Overview

Marcus & Millichap is pleased to present Sal Boulevard, a 12-unit multifamily investment opportunity located in Trenton, Ohio within Butler County. The property is comprised of three adjacent four-unit townhouse buildings that are separately parceled, offering flexibility for future disposition. Constructed in 1996, the asset totals approximately 13,200 rentable square feet and consists entirely of 2-bedroom townhouse-style units. Sal Boulevard is currently stabilized at 100 percent occupancy with eight units renovated and an average effective rent of $1,187. All units feature washer and dryer hookups with tenant-paid utilities, supporting strong operating efficiency and attractive financing options. The property is well positioned between Cincinnati and Dayton in a growing submarket supported by approximately $88,000 average household income, population growth, and continued industrial and employment investment in the area.

Exclusively Listed By

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