$1,150,000
10916 Reading Rd, Cincinnati, OH 45241
10916 Reading Road is a RARE 14-unit Multifamily opportunity in Sharonville, priced to sell at an 8.6% cap rate with strong in-place returns. The property features 11 one-bed units and 3 studios, generating $13,800 in monthly rent at full occupancy. Units include boiler heat and through-the-wall AC, with tenants paying separate electric, and RUBS implemented across all units. The property also
Andrew Kroeger Keller Williams Advisors
Sharonville, OH, a bustling northern suburb of Cincinnati, is known for its thriving business community and significant events, including presidential campaign visits and conventions. The city has recently invested in a $2 million town square project and expanded its renowned convention center. Major employers like General Mills and Ford have facilities here, causing the local population to swell from 15,000 to around 60,000 during the week. Residential areas feature ranch-style homes and colonials with brick exteriors, set along gently sloping roads with narrow sidewalks. Downtown Sharonville, centered around Reading Road and Main Street, offers diverse dining options such as Roc-A-Fellas Pizza, the Athenian Restaurant, and alReddy’s Cafe. The Northern Lights District near Interstate 75 hosts the Sharonville Convention Center and several hotels, with craft brews available at Third Eye Brewing Company. For outdoor enthusiasts, Sharon Woods provides over 700 acres for fishing, boating, golfing, and hiking, along with the Heritage Village Museum and Trammel Fossil Park. The Family Aquatics Center offers summer fun with water playgrounds and slides. Princeton High School, part of the local public school system, boasts a strong football program. Sharonville is served by Cincinnati Metro buses, and downtown Cincinnati is about 17 miles away via Interstate 75.
On average, homes in Sharonville, OH sell after 1 days on the market compared to the national average of 55 days. The median sale price for homes in Sharonville, OH over the last 12 months is $1,200,000, up 167% from the median home sale price over the previous 12 months.
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