Ohio / Cincinnati / 45239 / 7240 Longwood Court

7240 Longwood Court

Q: What is the asking price for 7240 Longwood Court in Cincinnati?

The asking price for 7240 Longwood Court is $749,900

Q: What is the building size of this Multifamily property in Cincinnati, OH?

The size of the building/unit at 7240 Longwood Court in Cincinnati is 7,128 square feet.

Q: How much land does the Cincinnati, OH property at 7240 Longwood Court include?

7240 Longwood Court in Cincinnati includes 0.379 acres of land.

Q: What is the population within 1 mile of 7240 Longwood Court?

The population within 1 mile of 7240 Longwood Court Cincinnati, OH 45239 is 13,673 people.

Q: Who do I contact for questions about 7240 Longwood Court?

You should contact the listing agent, Jennifer Donathan, for any details regarding this commercial listing.

Cincinnati, OH 45239

Listing ID: 267366

Print Single-Page Version

7240 Longwood Court | for Sale | Thumbnail 1

7240 Longwood Court | for Sale | Thumbnail 2

Building Size: 7,128 SF

Lot Size: 0.379 AC

Land Size: 16,509 SF

Building $/SF: $105.20

Land $/SF: $45.42

Price

$749,900

Property Highlights

Value Add Opportunity - Below Market Rents

Many Units Have New Kitchens Baths

All Brick - Pitched Roofs

Very Desirable Suburban Rental Market - Quiet Culture-De-Sac Street

Hardwood Floors Throughout

Description

Jennifer Donathan of KW Commercial has been retained as the exclusive agent to offer for sale 7240 Longwood Court in Colerain Township, Ohio. This is an excellent opportunity to purchase a well maintained asset with value add opportunity. 7240 Longwood Ct. is an eleven unit garden style complex constructed of all brick. The roof is pitched shingle and is about 10-12 years old. The property has a total of 2367 square feet per floor or approximately 650 square feet per unit for a total of 7101 sf. The projects is comprised of eleven 1 bedroom / 1 bath units. Recent capital improvements include new parking lot, new gutters and soffits, 8 of the 11 kitchens and baths have been replaced.

Utilities:

Each unit is heated by the gas boiler and air is provided by wall a/c units. Tenants have separate electric panel. Tenants pay for electric and owner pays heat, water, and trash.

Parking:

Private parking lot with enough space for 11 cars. The lot is brand new blacktop and was recently restriped.

Amenities:

The property has a common area laundry room, washer and dryer is seller owned. The property is also on the busline and close to shopping and retail.

Value Add Opportunity:

The property has been well maintained for the last 20 years. With that said, the owner has not raised rents on many tenants for years and continues to lease new tenants at the extremely low rates.

Seller Motivation:

He is a local resident and investor and is retiring.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Cincinnati History of Multifamily Housing for Sale

Loan and Amortization Calculator

Listing Price

Down Payment

Loan Amount:

Interest Rate:

Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 7240 Longwood Court Cincinnati, OH 45239

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		13,673	97,117	203,254
Population Median Age		38	39	39
Population by Age	0-9 Yrs	1955 (14%)	13056 (13%)	28680 (14%)
	10-19 Yrs	1686 (12%)	12441 (12%)	25510 (12%)
	20-29 Yrs	1631 (11%)	12086 (12%)	26289 (12%)
	30-39 Yrs	1853 (13%)	11896 (12%)	26124 (12%)
	40-49 Yrs	1558 (11%)	10886 (11%)	23040 (11%)
	50-59 Yrs	2135 (15%)	14323 (14%)	28250 (13%)
	60-69 Yrs	1654 (12%)	11901 (12%)	24328 (11%)
	70+ Yrs	1200 (8%)	10529 (10%)	21033 (10%)

Median HH Income		$48,294	$51,421	$51,657
Total Household Income	< 24K	1505 (27%)	10150 (24%)	22321 (26%)
	25-49K	1382 (24%)	9765 (23%)	19248 (22%)
	50-74K	1012 (18%)	8127 (19%)	16134 (18%)
	75-99K	909 (16%)	5166 (12%)	10325 (12%)
	100-199K	710 (12%)	6524 (16%)	14475 (16%)
	200K+	28 (0%)	1028 (2%)	2845 (3%)

Highest Education Level	No Diploma	1278	6174	13056
	Diploma or GED	3423	22282	43551
	Some College	2054	14927	30359
	Assoc. Degree	1189	6982	14048
	Bachelors Degree	1079	10418	23490
	Higher Degree	275	5339	13322

Total Housing Units		5,888	44,375	93,985
--Owner-Occupied		3,205	25,036	50,407
--Renter-Occupied		2,342	15,724	34,941
Owner-Occupied Values	< 100K	1542	9572	18243
	100-199K	1427	11747	22956
	200-299K	165	2440	5731
	300-399K	1	656	1931
	400-499K	0	207	613
	500K+	71	414	934

Total Working Age Population		10,739	76,289	157,997
In Work Force		6,926	50,157	104,750
Not In Work Force		3,813	26,132	53,247
Workforce Employed		6,470	47,288	97,960
Workforce Unemployed		456	2,869	6,747
Civlian Workforce		6,926	50,157	104,707
Military Workforce		0	0	43

Total Households		5,547	40,760	85,348
Family Households		3,166	24,686	51,355
Non-Family Households		2,381	16,074	33,994
Married Couple		1,931	14,531	30,706
Other Family		1,235	10,155	20,648
Married w/Child		723	4,835	9,962
Single Male w/Child		147	1,119	2,044
Single Female w/Child		437	4,526	10,390

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Kentucky	4,041,769	+7	4,339,367	+4	4,533,464	+4	4,726,382
Boone County	85,991	+38	118,811	+17	139,018	+18	163,722
Ohio	11,353,140	+2	11,536,504	0	11,574,870	0	11,615,100
Hamilton County	845,303	-5	802,374	-1	790,600	-1	785,900

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 7240 Longwood Court in Cincinnati?

The asking price for 7240 Longwood Court is $749,900

What is the building size of this Multifamily property in Cincinnati, OH?

The size of the building/unit at 7240 Longwood Court in Cincinnati is 7,128 square feet

How much land does the Cincinnati, OH property at 7240 Longwood Court include?

7240 Longwood Court in Cincinnati includes 0.379 acres of land

What is the population within 1 mile of 7240 Longwood Court in Cincinnati?

The population within 1 mile of 7240 Longwood Court Cincinnati, OH 45239 is 13,673 people.

Who do I contact for questions about 7240 Longwood Court?

You should contact the listing agent, Jennifer Donathan, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
2536 Flanigan Court, Cincinnati, OH	$215,000	3360	0.19
1920 Dallas Avenue, Cincinnati, OH	$299,900	3850	0.17
7508 Elizabeth Street, Cincinnati, OH	$265,000	3370	0.14
7631 Daly Road, Cincinnati, OH	$1,250,000	50	5.82
3801 Harrison Avenue, Cincinnati, OH	$895,000	8344	0.28
400 Springfield Pike, Cincinnati, OH	$860,000	9400	0.54
621 De Votie Avenue, Cincinnati, OH	$1,725,000	17088	0.6
1627 Summit Road, Cincinnati, OH	$199,900	2706	0.14
2352 Ravine Street, Cincinnati, OH	$599,900	9912	0.3
711 Ridgeway Avenue, Cincinnati, OH	CALL	19812	0.04

Closest Commercial Airports

Airport	Distance (mi)
Cincinnati Northern Kentucky International Airport (CVG)	12
James M Cox Dayton International Airport (DAY)	51
Blue Grass Airport (LEX)	81