Well-Maintained 74-Unit Apartment
207 West Funderburg Road Fairborn, OH 45324
For Sale
$6,000,000
Fully occupied apartment community with recent capital improvements.
Days on Market149
Property Features for 207 West Funderburg Road
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
3CRE Columbus
(513) 490-6881
Listed By:
Tryfon Christoforou · License #SAL.2014001869
(513) 490-6881
Source:
3cre
Added: Feb 25
Changed: Jul 10
Last Checked: Jul 24 at 7:11AM
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 3CRE Columbus
Investment Insights
Based on property information with market context.
Cedar Village Apartments is a well-maintained, 74-unit apartment community. It offers a diverse mix of living options, including studios, loft-style apartments, and two distinct one-bedroom/one-bath layouts. The property currently has 29 subsidized units and is fully occupied at 96%, demonstrating strong tenant demand. Significant capital improvements enhance both the functionality and curb appeal of the property, including a new roof and gutters installed five years ago, parking lot resurfaced four years ago, new exterior lighting added two years ago, sidewalk replaced last year, new baseboard heaters installed last year, washers and dryers replaced six months ago, AC units replaced two months ago, and new appliances installed last month. All units benefit from surface parking, ensuring convenience for all residents.
Key Highlights
- 96% occupancy rate demonstrates strong tenant demand.
- 74‑unit apartment community with a diverse mix of studios, loft‑style apartments, and one‑bedroom/one‑bath layouts.
- Significant recent capital improvements including new roof, parking lot, exterior lighting, sidewalk, baseboard heaters, washers/dryers, AC units, and appliances.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cedar Village Apartments
Apartment Complex
FAQs
What type of property is this?
Apartment building - Fully occupied apartment community with recent capital improvements.
Where is this apartment building located?
The property is located at 207 West Funderburg Road Fairborn, OH.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 96% occupancy rate demonstrates strong tenant demand.; 74‑unit apartment community with a diverse mix of studios, loft‑style apartments, and one‑bedroom/one‑bath layouts.; Significant recent capital improvements including **new roof, parking lot, exterior lighting, sidewalk, baseboard heaters, washers/dryers, AC units, and appliances.**
