Call Now 513-451-4800
my portfolio login

New Listing
Open House
Virtual Tour
Under Contract
4534 Bonita Dr Middletown OH 45044
Listing Information
Price $1,100,000
Listing Number 1800802
Under Contract - May accept backup offers

Driving Directions
West on 122. South on Marshall. West on Bonita.

Agent Remarks
Beautiful, income producing 20-unit apartment complex on a quiet, residential street with an ideal location close to I75 between Cincinnati and Dayton. Property is cash flowing with all units occupied, except one left vacant for showings. Owner and property manager have spent the past year carefully screening and selecting tenants, replacing any problem tenants for the next owner. Due to the high-demand location, there is never a problem filling vacancies. There is still plenty of room to raise rents to market rent. Tenants pay their own electric and owner is reimbursed for water. Property is professionally managed by Northpoint Asset Management, who are open to staying on as the property manager for the next owner.

General Information
Property TypeMulti Family
StyleApartment 5+ Units
SubdivisionMiddletown - South
Zip Code45044
School DistrictMiddletown City SD-B
Listing Number1800802
Property Features
ParkingLot, Off Street
WindowsDouble Hung
CoolingCentral Air, Window Unit
Multi-Family Information
Total Units20
1 Bedroom Units16
2 Bedroom Units4
Parking Spaces20
Gross Income$148,260.00
Net Operating Income$99,060.00

Additional Information
Levels2 Story
ConstructionBrick, Wood
OccupancyTenant Right
Semi-Annual Taxes$8,730.82
Additional Features

Request more info about this property:

This listing courtesy of Maxwell Wechter (513-549-7890), Outside The Box Real Estate (937-202-9001). All Information is believed accurate, but is NOT guaranteed.
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by brokerage firms other than Hoeting Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.