Renovated 16-Unit Multifamily
For Sale
Contact for pricing
305-315 N Broadway, Trotwood, OH 45426
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 Market104
Property Features for 305-315 N Broadway
General Information
Standard status
Active
Size
14,400 SF
Class
B
Property subtype
Multifamily
Occupancy
88%
Investment Type
Value Add
Additional Details
Multifamily Units
16
Building Details
Year Built
1970
Year Renovated
2023
Buildings
2
Units
16
Tenancy
Multi
Listing Agency:
Verti Commercial Real Estate
Listed By:
Matthew E. Drane · License #SAL.2020000914
(202) 510-2689
Source:
Crexi
Added: May 28
Changed: Aug 25
Last Checked: Sep 8 at 4:37AM
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 Verti Commercial Real Estate
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
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 45426, OH
14,391
Population
7,476
Households
1.9
Avg Household Size
43
Median Age
21%
College-Educated
94%
High-School Grad
19.9 sq mi
ZIP Area
723
Density / Sq Mi
$51,538
Median Household Income
$37,249
Median Earnings
$927
Median Rent
$111,900
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 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
