670 High Street, Waynesville, OH 45068

Rare Four-Unit Investment Opportunity in Highly Desirable Waynesville! 6.55% Current CAP • Approx. 8.80% Pro Forma CAP • Fully Occupied • New Roof (2026) • Tenants Pay All Utilities Rare opportunity to acquire a fully occupied four-unit apartment building in the highly desirable Waynesville rental market. Offering an approximate 6.55% current capitalization rate at the asking price, this property also presents exceptional upside through below-market rents. Current gross annual income is $47,640, while estimated market rents of approximately $1,250 per unit have the potential to increase annual gross income to approximately $60,000, resulting in an estimated 8.80% pro forma capitalization rate. Buyers should perform their own due diligence regarding projected rental income. Constructed in 1966, this solid all-brick building features four spacious 2-bedroom, 1-bath apartments, each approximately 750-800 square feet. A unique floor plan offers two apartments on the first floor and two on...