Building Details

Year Built 1967

Buildings 4

Stories 3

Listing Agency: Investment Property Advisors

Listed By: Steve Turman · License #OH 0000359288

Source: Crexi

Added: Mar 9 Changed: Aug 8 Last Checked: Jul 24 at 4:56PM

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Investment Insights

Based on property information with market context.

Available for sale is Airy Woods Apartments, a 101-unit multifamily property located in Mt. Airy. The property features a mix of one, two, and three-bedroom units, as well as twelve town homes. The property is a high-occupancy asset that provides immediate cash flow and strong rental income. This property offers investors a stable, income-producing asset with value-add potential.

Key Highlights

• High‑occupancy asset providing immediate cash flow.
• Strong rental income from day one.
• Value‑add potential.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

117

Businesses Nearby

Explore this area Business Placement

Demographics for 45223, OH

13,174

Population

6,765

Households

1.9

Avg Household Size

33

Median Age

43%

College-Educated

91%

High-School Grad

4.6 sq mi

ZIP Area

2,864

Density / Sq Mi

$46,930

Median Household Income

$41,482

Median Earnings

$914

Median Rent

$203,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property with immediate cash flow and value-add potential.

Where is this apartment building located?

The property is located at 5107 Hawaiian Terrace Cincinnati, OH.

What is the asking price?

The asking price for this property is $6,995,000.

What are key features of this property?

This property features: High‑occupancy asset providing immediate cash flow.; Strong rental income from day one.; Value‑add potential.