Kirby 4344-4348

8 Units | 4344-4348 Kirby Avenue

Investment Highlights

SVVRE is pleased to present the exclusive opportunity to acquire 4344-4348 Kirby Avenue, an 8-unit, multifamily investment property situated on 0.456 acres in the Northside neighborhood of the Greater Cincinnati MSA.

As an investment, 4344-4348 Kirby Avenue will provide the incoming owner strong upside through minor upfront renovations/capital expenditures and subsequent rental rate increases.

The current owner and award-winning property management team have not only improved the properties over the past five years, but have also created a community of happy, loyal tenants. Highlights include:

  • Current rental rents are below comparable properties’ rental rates.
  • The property meets/exceeds HUD’s Housing Quality Standards (HQS)
    Inspection Guidelines for Housing Choice Vouchers. Cincinnati Metropolitan Housing Authority (CMHA) 2023 Rent Standards for Housing Choice Vouchers:

    • $988/Month – One-Bedroom Units
    • $1,289/Month – Two-Bedroom Units
  • Incoming investor may also increase income through:
    • Addition of application fees
    • Addition of pet fees
    • Addition of storage locker fees
    • Implementation of RUBS (Ratio Utility Billing System).
×

Subscribe to get our listing emails






    Interested in Kirby 4344-4348?

    By accepting, Buyer indemnifies Broker and Owner against any other commission claims by brokers other than stated above. By accepting, you agree to all the terms and conditions of this Confidentiality Agreement.

    Our Kirby 4344-4348 Team

    J.D. Schmerge

    Director

    J.D. Schmerge

    Director

    In 2023, J.D. joined Si Vales Valeo Real Estate as a Director of multifamily brokerage services after a long tenure with a national brokerage firm. During his time there, he amassed an impressive record of completing multifamily transactions while forging a reputation for being a persistent representative of his clients’ interests. SVVRE benefits greatly from Mr. Schmerge’s impeccable reputation amongst industry participants and peers in addition to his ability to match a property with the perfect buyer.

    Client’s Bill of Rights

    based on ORC 4735.62

    As your partner, you can expect from us the following fiduciary duties:

    • Accounting: We will account for all funds entrusted to us by you, the client, and not commingle your funds with personal and/or business funds.
    • Care: We will use all of our skills to the best of our ability on behalf of you, the client.
    • Confidentiality: We will keep confidential any information provided by you, the client, especially information that may be damaging to you in a negotiation.
    • Disclosure: We will disclose to you, the client, any information received that may benefit your position in a negotiation.
    • Loyalty: We owe undivided loyalty to you, the client, and put your interests above our own.
      Obedience: We will obey all lawful orders given by you, the client.