Hoover Ave, OH

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Property profile & analytics

, Hoover Ave, OH

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Garden apartment buildings
10,808 SF
0.98 lot acres

Off-Market

Last Sale Aug 9, 2022

Property ID

US66-4071230

Value Estimations

$895,000

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Cap Rate Potential

Location Intelligence

Current Use by Public Records

Garden apartment buildings

Property Details

Year built: 1971
Construction: FRAME
Lot size: 0.98 lot acres
Property type: Garden apartment buildings
APN: R72317118 0003
APU: R723171180003

Sales History

Date	Price	Buyer	Seller	Deed Type	Mortgage
Oct 25, 2022	$22,710,000	Ohio Housing Finance Agency	Dayton Metropolitan Housing Authori	Lease	—
Aug 9, 2022	—	Summit Square LP	Dayton Metropolitan Housing Authori	Lease	$10.1M · Key Bank NA
Apr 6, 2006	$2,380,000	Summit Square Rehab LLC	Summit Square	Grant Deed	—

Value Estimations

based on Realmo’s proprietary methodology

Alternative Use

Use

Estimation

APARTMENT HOUSE (5+ UNITS)

$540,000
Current use

OFFICE BUILDING

$715,000
Change: +32% Conversion: Moderate

AUTO REPAIR, GARAGE

$675,000
Change: +25% Conversion: Difficult

RETAIL STORES

$655,000
Change: +21% Conversion: Difficult

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Location Insight

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Local Demand

City: Hoover Ave
County: Montgomery
State: Ohio
Longitude: -84.2809
Latitude: 39.7607
CBSA code: 19430
CBSA name: DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date

Tax Amount

Assessed Land Value

Assessed Improvement Value

Total Assessed Value

Applied Tax Rate

Land Market Value

Improvement Market Value

Total Market Value

2023

$256

$8,740

$48,050

$56,790

$24,960

$137,290

$162,250

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