67 E High St

Discover the charming surroundings of 67 E High St, London. Located in the heart of the city, this area offers a perfect blend of historic appeal and modern amenities, making it an attractive investment opportunity for Multifamily / Low-Rise/Garden investors. Enjoy easy access to local dining and shopping experiences, as well as nearby parks and recreational areas. With a rich tapestry of cultural attractions like the London State Theater and Madison County Historical Society, the area provides a vibrant atmosphere for residents. Investors at 67 E High St can capitalize on the strong community appeal and convenient lifestyle afforded by this desirable location.Walnut Street Apartments is an 11-unit multifamily portfolio comprising two buildings on a single parcel in downtown London, Ohio — 5 N. Walnut Street (8 units) and 67 E. High Street (3 units). The asset is being offered at $675,000, or $61,364 per door, representing a 6.92% in-going cap rate on T12 income with a clear path to a 9%+ yield-on-cost within 24 months through rent normalization, RUBS implementation, and the lease-up of one remaining vacant unit.