4 Plex Central Ohio Turnkey 21.6% Cash-on-Cash $120k

[Josh VanLandingham]

Recently rennovated 4-plex in Urbana, Ohio (city of ~11,500).  Apt is located about 2.5 block from downtown with many new shops/resturaunts.

Property was purchased and rehabbed over the past 6 months, with new tenants, and under professional property management.

Urbana is about 15 miles from Springfield, 25 miles from Dayton, and 45 miles from Columbus.

Asking price: $120,000

NOI: $12,783

Cap: 10.65%

Cash on Cash: 21.6%

Potential for additional value add and rent increases.

Property is not currently listed with a broker, off market.

More pictures are available by request.