24-Unit Garden-Style Apartment
For Sale
$2,650,000
3935 Wilma Court, Cincinnati, OH 45245
Fully occupied apartments feature individual HVAC systems, water heaters, and separate electric service for residents.
Property SizeContact for details
Days on Market37
Property Features for 3935 Wilma Court
General Information
Standard status
Active
Total Parking Spaces
36
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
10 x 2BR, 14 x 1BR
Multifamily Units
24
Additional Details
Cap Rate
8.78%
Highway Access
Yes
Building Details
Year Built
1974
Construction
garden-style
Listing Agency:
(513) 646-5281
Listed By:
The CK Group
(513) 646-5281
Source:
Ckgrouprealtors.idxbroker
Added: Jul 25
Changed: Aug 30
Last Checked: Aug 30 at 1:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The CK Group
Investment Insights
Based on property information with market context.
This 24-unit garden-style apartment property was built in 1974 and includes 10 two-bedroom apartments and 14 one-bedroom apartments. Occupancy is reported at 100%. Individual HVAC systems and water heaters serve each apartment, while residents pay their own electric service. A RUBS program helps offset utilities paid by ownership, and the property provides 36 surface parking spaces.
The property is in Withamsville, approximately 20 minutes from downtown Cincinnati using I-275. The reported cap rate is 8.78%. Existing features include separate electric service, resident utility reimbursements, and on-site surface parking. Additional property plans identified in the source include hardwired internet, storage, and courtyard improvements.
The property is in Withamsville, approximately 20 minutes from downtown Cincinnati using I-275. The reported cap rate is 8.78%. Existing features include separate electric service, resident utility reimbursements, and on-site surface parking. Additional property plans identified in the source include hardwired internet, storage, and courtyard improvements.
Key Highlights
- 24‑unit garden‑style apartment property built in 1974
- Unit mix includes 10 two‑bedroom and 14 one‑bedroom apartments
- 100% occupancy with an 8.78% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Explore this area
Business Placement
Demographics for 45245, OH
20,249
Population
8,897
Households
2.3
Avg Household Size
43
Median Age
30%
College-Educated
92%
High-School Grad
15.8 sq mi
ZIP Area
1,282
Density / Sq Mi
$73,135
Median Household Income
$48,351
Median Earnings
$1,123
Median Rent
$259,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied apartments feature individual HVAC systems, water heaters, and separate electric service for residents.
Where is this apartment building located?
The property is located at 3935 Wilma Court Cincinnati, OH.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 24‑unit garden‑style apartment property built in 1974; Unit mix includes 10 two‑bedroom and 14 one‑bedroom apartments; 100% occupancy with an 8.78% cap rate
