1917 Sweetbriar Ln, Springfield, OH 45505 Springfield, OH 45505
Single Family Attached
MLS #: XP3CY6
Courtesy Of Coldwell Banker Heritage
Property InformationDescription
Offered at $3,833,759 - 7.50% cap on in-place NOI of $287,532 ($68,460/unit) Delivered 100% leased at closing - a stabilized asset, not a lease-up play Brand-new exterior: seller-funded re-siding of all 56 units (~$200,000), completed before closing - zero deferred envelope capital to the buyer Below-market rents with recent leases signing $850-$950 and clear mark-to-market upside approaching a 9% yield on cost Efficient, uniform asset - 55 of 56 units are two-bed / one-bath, simplifying turns and management Tenant utility reimbursement in place, supporting a healthy operating margin
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: XP3CY6
Copyright © 2026 Coldwell Banker. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
