Garland Court Apartment
For Sale
Contact for pricing
332 W Garland Ave, Fairborn, OH 45324
Two-story multifamily community with a defined unit mix and 90.6% occupancy.
Property SizeContact for details
Days on Market134
Property Features for 332 W Garland Ave
General Information
Standard status
Active
Class
B
Total Parking Spaces
120
Property subtype
Multifamily
Occupancy
91%
Investment Type
Stabilized
Net Operating Income
$464,709
Units
Unit Mix
16 x 1BR/1BA, 48 x 2BR/1BA
Multifamily Units
64
Building Details
Year Built
1965
Year Renovated
2024
Buildings
6
Stories
2
Units
64
Listing Agency:
The Windsor Companies
Listed By:
Karmon Dorsey · License #2011002302
(614) 348-5700
Source:
Crexi
Added: Apr 22
Changed: Aug 29
Last Checked: Aug 31 at 12:44PM
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 Windsor Companies
Investment Insights
Based on property information with market context.
Garland Court is a 64-unit apartment community comprising six buildings in Fairborn, Ohio. Built in 1965, the property includes two-story residential buildings and a documented mix of one-bedroom and two-bedroom apartments. One-bedroom units measure 795 SF, while two-bedroom units measure 864 SF. The unit distribution includes 16 one-bedroom, one-bath apartments and 48 two-bedroom, one-bath apartments.
Current occupancy is 90.6%, with 6 vacant units. The property is located at 332 W Garland Ave in Fairborn, with surrounding institutional context that includes Wright-Patterson Air Force Base and Wright State University. The combination of established improvements, multiple buildings, and a clearly defined unit mix provides a straightforward multifamily operating profile.
Current occupancy is 90.6%, with 6 vacant units. The property is located at 332 W Garland Ave in Fairborn, with surrounding institutional context that includes Wright-Patterson Air Force Base and Wright State University. The combination of established improvements, multiple buildings, and a clearly defined unit mix provides a straightforward multifamily operating profile.
Key Highlights
- 64‑unit apartment community across 6 buildings
- Unit mix includes 16 one‑bedroom and 48 two‑bedroom apartments
- One‑bedroom units measure 795 SF; two‑bedroom units measure 864 SF
Property Analytics
Property Profile
Current Use
Lease Details
64
Residential units
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Explore this area
Business Placement
Demographics for 45324, OH
40,449
Population
19,729
Households
2.1
Avg Household Size
34
Median Age
30%
College-Educated
92%
High-School Grad
33.1 sq mi
ZIP Area
1,222
Density / Sq Mi
$59,861
Median Household Income
$37,348
Median Earnings
$989
Median Rent
$177,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story multifamily community with a defined unit mix and 90.6% occupancy.
Where is this apartment building located?
The property is located at 332 W Garland Ave Fairborn, OH.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 64‑unit apartment community across 6 buildings; Unit mix includes 16 one‑bedroom and 48 two‑bedroom apartments; One‑bedroom units measure 795 SF; two‑bedroom units measure 864 SF
