Renovated 16-Unit Multifamily
305-315 N Broadway Trotwood, OH 45426
305-315 N Broadway, Trotwood, OH, 45426
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For Sale
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Fully renovated 2-bedroom units with current 88% occupancy in a 14,400 SF, 16-unit apartment property.
Property Size14,400 SF
Price / SF$88.54
Days on Market56
Property Features for 305-315 N Broadway
General Information
- Standard status
- Active
- Size
- 14,400 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing agency
Verti Commercial Real Estate
Listed by
Christopher Homan · License #SAL.2024000277
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 9:43AM
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Investment Insights
Based on property information with market context.
This property consists of 16 units in the 305–315 N Broadway building, with each unit configured as an identical 2-bedroom, 1-bath layout. The units are described as fully renovated, supporting a uniform tenant experience across the property. The building totals approximately 14,400 square feet and was built in 1970. Current occupancy is reported at 88%.
The asset is located near Trotwood Madison High School, approximately 0.5 miles away. It is also described as about 10 minutes outside of Dayton, Ohio, positioning the property within reach of regional employment and services. The offering is presented as a loss-to-lease recapture opportunity based on the stated occupancy level.
For buyers or investors seeking a multifamily asset with consistent unit configuration, this property offers a straightforward operational profile given that all 16 units are described as identical and renovated. With 88% occupancy and room to pursue lease-up relative to the stated loss-to-lease concept, it may appeal to operators focused on improving income through occupancy gains rather than unit redesign or diversification of layouts.
The asset is located near Trotwood Madison High School, approximately 0.5 miles away. It is also described as about 10 minutes outside of Dayton, Ohio, positioning the property within reach of regional employment and services. The offering is presented as a loss-to-lease recapture opportunity based on the stated occupancy level.
For buyers or investors seeking a multifamily asset with consistent unit configuration, this property offers a straightforward operational profile given that all 16 units are described as identical and renovated. With 88% occupancy and room to pursue lease-up relative to the stated loss-to-lease concept, it may appeal to operators focused on improving income through occupancy gains rather than unit redesign or diversification of layouts.
Key Highlights
- 14,400 SF, 16‑unit apartment building built in 1970
- All 16 units are identical 2‑bedroom/1‑bath layouts (2x1s)
- Units are fully renovated
Property Analytics
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Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully renovated 2-bedroom units with current 88% occupancy in a 14,400 SF, 16-unit apartment property.
Where is this apartment building located?
The property is located at 305-315 N Broadway Trotwood, OH.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 14,400 SF, 16‑unit apartment building built in 1970; All 16 units are identical 2‑bedroom/1‑bath layouts (2x1s); Units are fully renovated
