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Multifamily

Piqua - 701 Wayne

701 S Wayne St, Piqua, OH 45356

Listing Price: $650,000

Cap Rate
6.50%
Number of Units
8
GRM
6.27
Price/Unit
$81,250
Price/Gross SF
$177.30
Gross SF
3,666

Investment Overview

Marcus and Millichap is pleased to present 701 N Wayne, eight apartments in two building on one 0.27 acre parcel at 701 N Wayne St and 118 to 130 Mound St, built in 1920.

Investment Highlights

  • Every 2026 Lease Signed at the Full Asking Rent
  • The Asking Schedule is Up 7.8 Percent Since April
  • The Heavy Capital is Done
  • Every Lease on the Roll Runs into 2027
  • Nothing is Being Built to Compete

Exclusively Listed By

Multifamily

Piqua - 701 Wayne

Listing Price: $650,000

Cap Rate
6.50%
Number of Units
8
GRM
6.27
Price/Unit
$81,250
Price/Gross SF
$177.30
Gross SF
3,666

Investment Highlights

  • Every 2026 Lease Signed at the Full Asking Rent
  • The Asking Schedule is Up 7.8 Percent Since April
  • The Heavy Capital is Done
  • Every Lease on the Roll Runs into 2027
  • Nothing is Being Built to Compete

Investment Overview

Marcus and Millichap is pleased to present 701 N Wayne, eight apartments in two building on one 0.27 acre parcel at 701 N Wayne St and 118 to 130 Mound St, built in 1920.

Exclusively Listed By

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