1107 S 3rd St
Property Description
Opportunity to acquire a 22-unit residential portfolio spanning Ashland, Kentucky, and Ironton, Ohio, within the Huntington-Ashland area. The offering includes a mix of four single-family homes, a duplex, two triplexes, a four-plex, and a six-unit apartment building, providing diversified unit types within one portfolio. The assets are clustered for more efficient management, with multiple properties grouped on Simpson Road, Blackburn Avenue, and Buckhorn Street. Most units have been updated with paint, flooring, and fixtures, while several properties have benefited from recent capital improvements, including roofing, electrical service, and a main sewer line replacement. Ownership has already begun repositioning the portfolio, creating additional upside through continued leasing and operational execution.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,400,000 |
| No. of Units: | 22 |
| Year Built: | 1920 |
| Lot Size: | 0.13 Acres |
| Opportunity Zone: | No |
| Price per unit: | $109,091 |
| Property Website | Click Here |
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