For Sale
$885,000

7164 State Route 188Circleville, OH 43113

Eight-unit multifamily investment opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional eight-unit apartment building, located at 7164 State Route 188 in Circleville, Ohio, presents a compelling investment opportunity. Built in 1971, the property sits on a substantial 60,548.4 square foot lot, offering ample space and potential for future development or expansion. The asking price is $885,000, translating to a price per square foot of $146.72. The property is classified as a multifamily building, specifically an apartment building categorized as a duplex/triplex/quadruplex. This suggests a configuration that may include a mix of unit sizes and layouts, catering to a diverse range of tenants. The property's location in Circleville, Pickaway County, Ohio, zip code 43113, provides convenient access to local amenities and services. The property's age suggests potential for future renovations or upgrades to enhance rental income and property value. With eight units, this property offers a solid foundation for generating consistent rental income. Further due diligence is recommended to fully assess the property's financial performance and potential return on investment. This is a rare opportunity to acquire a well-situated multifamily property in a growing market. The substantial lot size adds to the property's long-term value and potential for future development.

Highlights

  • Exceptional eight-unit apartment building in Circleville, OH.
  • Situated on a large 60,548.4 sq ft lot, offering expansion potential.
  • Asking price: $885,000 ($146.72/sq ft).
  • Multifamily property (duplex/triplex/quadruplex configuration).
  • Located in Circleville, OH (zip code 43113).
  • Built in 1971, offering renovation/upgrade opportunities.

Property Details for 7164 State Route 188

Property type
Apartment buildings, Small apartment buildings
Year Built
1971
Units
8

Location Insight

City
Circleville
County
Pickaway
State
Ohio
Latitude
39.6437244
Longitude
-82.8909995
7164 State Route 188, Circleville, Ohio

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7164 State Route 188
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