Multifamily
Piqua - 701 Wayne
701 S Wayne St, Piqua, OH 45356
Listing Price: $650,000
Cap Rate
6.50%
Number of Units
8
GRM
6.27
Price/Unit
$81,250
Price/Gross SF
$177.30
Gross SF
3,666
Investment Overview
Marcus and Millichap is pleased to present 701 N Wayne, eight apartments in two building on one 0.27 acre parcel at 701 N Wayne St and 118 to 130 Mound St, built in 1920.
Investment Highlights
- Every 2026 Lease Signed at the Full Asking Rent
- The Asking Schedule is Up 7.8 Percent Since April
- The Heavy Capital is Done
- Every Lease on the Roll Runs into 2027
- Nothing is Being Built to Compete
Exclusively Listed By
Listing Price: $650,000
Cap Rate
6.50%
Number of Units
8
GRM
6.27
Price/Unit
$81,250
Price/Gross SF
$177.30
Gross SF
3,666
Investment Highlights
- Every 2026 Lease Signed at the Full Asking Rent
- The Asking Schedule is Up 7.8 Percent Since April
- The Heavy Capital is Done
- Every Lease on the Roll Runs into 2027
- Nothing is Being Built to Compete
Investment Overview
Marcus and Millichap is pleased to present 701 N Wayne, eight apartments in two building on one 0.27 acre parcel at 701 N Wayne St and 118 to 130 Mound St, built in 1920.
Exclusively Listed By