TITLE:
Four Office Condos
CONTROL:
Exclusive
VALUE:
$757,000
LOAN:
$0
EQUITY:
$757,000
TYPE:
Office Building
HAVE:
This 4-unit office condo package offers a solid investment opportunity in a prime Cincinnati location! Each unit is 1,200 SF, totaling 4,800 SF of professional office space, seller will gaurantee rent on the vacant unit for one year.
ADDRESS:
7357 E Kemper Rd, Cincinnati, Ohio
BENEFITS TO NEW OWNER:
✅ Immediate cash flow – Three units leased, and the fourth has a rent guarantee.
✅ Well-maintained office condos in a desirable business corridor.
✅ HOA Fees: $174.27 per unit/month.
OTHER FILES:
GROSS SCHEDULED INCOME:
$80,400 Actual
VACANCY LOSS:
$4,020
GROSS EFFECTIVE INCOME:
$76,380
EXPENSES:
$15,820
NOI:
$60,560
DEBT SERVICE:
$0
CASH FLOW:
$60,560
CAP RATE:
8.00%
BENEFITS SOUGHT:
Cash flow property or a similar office or office condo in Columbus, OH
COUNSELOR:
Jim Carmichael
Berkshire Hathaway Commercial Real Estate
2320 Grandview Drive
Fort Mitchell, Kentucky, 41017
