Multifamily
Central Superior
200 Central Ave, Dayton, OH 45406
Listing Price: $1,900,000
Investment Overview
Marcus & Millichap is pleased to present Central Superior, a 42-unit multifamily investment opportunity located at 200 Central Avenue and 333 Superior Avenue in Dayton, Ohio. The property consists of two adjacent brick apartment buildings totaling approximately 17,472 rentable square feet and situated on a 0.46-acre site in the Grafton Hill submarket. With extensive recent capital expenditure, in-place income, and value-add opportunities through vacancy reduction, garage income, and implementation of bulk internet programs, Central Superior offers investors a performing asset with meaningful upside in a growing Dayton submarket.
Investment Highlights
- Extensive recent capital expenditure including roofs, windows, electrical and interior upgrades since 2021 reduces near-term capital needs and improves long-term durability.
- Value-add opportunity through lease-up to market occupancy, rent growth on renovated units, and capturing garage parking income.
- Located near Downtown Dayton and major employers including Kettering Health and the University of Dayton, supporting consistent renter demand.
Exclusively Listed By
Listing Price: $1,900,000
Investment Highlights
- Extensive recent capital expenditure including roofs, windows, electrical and interior upgrades since 2021 reduces near-term capital needs and improves long-term durability.
- Value-add opportunity through lease-up to market occupancy, rent growth on renovated units, and capturing garage parking income.
- Located near Downtown Dayton and major employers including Kettering Health and the University of Dayton, supporting consistent renter demand.
Investment Overview
Marcus & Millichap is pleased to present Central Superior, a 42-unit multifamily investment opportunity located at 200 Central Avenue and 333 Superior Avenue in Dayton, Ohio. The property consists of two adjacent brick apartment buildings totaling approximately 17,472 rentable square feet and situated on a 0.46-acre site in the Grafton Hill submarket. With extensive recent capital expenditure, in-place income, and value-add opportunities through vacancy reduction, garage income, and implementation of bulk internet programs, Central Superior offers investors a performing asset with meaningful upside in a growing Dayton submarket.
Exclusively Listed By