3066 Shadycrest Drive

• Value Add Opportunity - Below Market Rents
• Very Desirable Suburban Rental Market
• Well Maintained All Brick Construction
• Rents Under Market - Without Improvements Needed

Property Description

Kyle Woodland of Reinvest Consultants and Jennifer Donathan of KW Commercial has been retained as the exclusive agent to offer for sale 3066 Shadycrest Drive in Colerain Township a suburb Northwest of Cincinnati. This is an excellent opportunity to purchase a well maintained asset with value add opportunity. 3066 Shadycrest Drive is a twenty-two unit garden style complex constructed of all brick. The roof is pitched shingle and was replaced within the last 5 years. . The property has a total of 10,298 square feet or approximately 450 square feet per unit. The project is comprised of twenty-two 1 bedroom / 1 bath units. Recent capital improvements include roof, new boiler, new hot water tank, new parking lot. Utilities: Each unit is heated by the gas boiler and air is provided by wall a/c units. Tenants have separate electric panel. Tenants pay for electric and owner pays heat, water, and trash. Parking: Private parking lot with enough space for 22 cars. The lot is blacktopped and was recently repaved and striped. Amenities: The property has a common area laundry room, washer and dryer is seller owned. The most appealing quality about this property is that it is located on a quiet cul-de-sac street lined with well trimmed homes. The property is also in the Northwest school district which is very desirable to many residents. It is also within a short distance to the busline and shopping and retail.