Q2 2012 Dayton, Ohio Apartment Property Sales Analysis

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Q2 2012 Dayton, Ohio Apartment Property Sales Analysis


There was one qualifying apartment sale in the second quarter of 2012, Reis reports. That transaction was the $4.9 million sale ($31,197 per unit) of The Cannery, with 156 units, at 500 E. Third Street in Central Dayton. The building was fully occupied at sale. The 12 month rolling cap rate was listed at 10.3%. The seller was Cannery at Webster Station. Apartment sales are not active here. There were only three sales recorded in all of 2011.