Price Upon Req.85,000 SF
Auction.com presents the opportunity to acquire The Woodlands at Eastland, a 121-unit assisted and independent living facility (housed in a single-story building). Built in 1983, the 121 units total 70,848 rsf. Including common areas, the gross building area is 85,400 gsf on 6.8 acres. The property is located on the west side of Kimberly Parkway East about 1 mile southwest of the I-70/SR 317 interchange and about 1_ mile southwest of the I-270/I-70 interchange, about 7 miles southeast of the Columbus CBD. The property is in Franklin County in the Columbus MSA. The current occupancy of 45.5% gives new ownership significant value add potential, as well as flexibility in repositioning the property for strong future cash flow. Property Listed By: Joshua Jacob - HTX Realty, Inc.; OH BRK.2014004377 / 800-841-9682 or email@example.com
Luxury apartment with rooftop deck. Office/retail space. 4-5 off street parking spaces. Great visibility, access. Close to Children' s and Grant Hospital. Proximity to German Village and CBD amenities. Great opportunity for owner/user to live/work.
Residential Investment Property in Merion Village (German Village) off Jaeger Street one block from Easy Street Café. Ideally located to restaurants, retail and Schiller Park while privately nestled on Nursery Lane for private backyard enjoyment. 1,054 SqFt, hardwood floors, 2 beds, 1 full-bath, 1 half-bath, eat-in kitchen, great room, full basement and ample on-street parking. Leased on 03/01/2015 for $850 per month 1 year term. Landlord pays property taxes; Tenant pays all utilities. Seller indicates market rent can exceed $1,100 per month. Refrigerator, Dishwasher, Gas Range and Washer/Dryer stay. Strong demand generators, rental market and location enhance this investment.
Duplex Investment Property (2,362 Total SqFt) in Merion Village (German Village) at corner of Jaeger St and E Gates. Ideally located to restaurants, retail and Schiller Park with large fenced backyard and 3 to 4 parking spots. Unit 185 (Left) 2 beds, 1.5 baths (jacuzzi tub and separate shower), loft and full basement. Unit 183 (Right) 2 beds, 1 bath and full basement. Unit 185 leased MTM $1,100 (Seller indicates market rent potential $1,400). Unit 183 leased 1 year $975 (Seller indicated market rent potential $1,000). Landlord pays property taxes; Tenant pays all utilities. Refrigerator, Dishwasher, Gas Range and Washer/Dryer stay. Strong demand generators, rental market and location enhance this investment.
Duplex Investment Property (1,952 Total SqFt) in Italian Village (Short North) steps from N High Street. Ideally located to restaurants, retail and the hottest corridor of Columbus; WALKING distance to OSU CAMPUS! Unit 36 (Down) 2 beds, 2.0 baths, upgraded flooring and full basement. Unit 38 (Up) 2 beds, 1 bath and upgrades. Unit 36 leased 01/01/2015 $1,000 1 year term (Seller indicates market rent potential $1,300). Unit 38 leased 1 year $900 (Seller indicated market rent potential $1,100; Currently leased to Nephew). Landlord pays property taxes; Tenant pays all utilities. Refrigerator, Dishwasher, Gas Range and Washer/Dryer stay. Strong demand generators, rental market and location enhance this investment.
Residential Owner-Occupied (Potential Investment Property) (2,252 SqFt) in Italian Village (Short North) steps from N High Street. Ideally located to restaurants, retail and the hottest corridor of Columbus; WALKING distance to OSU CAMPUS! Owner acquired property in 1988 and has made numerous improvements while maintaining the rich woodwork, 4 gas log fireplaces and is currently renovating the kitchen. Alternative possibilities as property Zoned C Commercial with Use Code of 401 Apartments 4 to 19 Family. Seller of 40 East 5th Avenue (MLS 215008969) is also selling the neighboring property 36/38 East 5th Avenue (MLS 215008923).
Property Description: Multi Family - 20 Units Top to Bottom renovation just completed!! 20 Units at the Entrance to the Employment Office of the New Casino!! No easier way to attract good credit Tenants. Completely Stabilized with new Credit Tenants. On Site Laundry facility (Income not included in Proforma and Cap Rate). All new electrical services, plumbing, hot water tanks, Baseboard heating& . Resurfaced and striped parking lot, added security camera system, much more. Also zoned for Hotel Use.On E. Broad St, at a Bus Stop on Viotis Dr., close proximity to I-270/I-70. Tremendous Redevelopment in the immediate area due to the New Hollywood Casino affording increased property Values. Also located at the entrance to the Casino Employment Office.
Four brick, four families in good condition. Buildings located in Southwestern School District. Great Rental market, near bus line and numerous employers.
Stabilized 30-unit multifamily with upside potential. 11.18% Cap rate based on current rents ($394/unit) and income/expenses. Brick & Stucco exterior with numerous updates and improvements and professional 3rd party property management willing to stay on. Updates include carpeting, flooring, appliances, electrical, water heaters, furnaces & air units, gutters/downs & drainage and roof. Solid Investment.
4 - 4 unit brick apartments buildings totaling 16 units - garden style units with 2 up and 2 down. Each unit features 2 Bedrooms and 1 Bath. Approximately 750 square feet per unit. Rents of $495 - $515 per unit per month. Potential Gross Income of $95,040 with 2014 actual Gross Income of $85,159. Off street parking in front and fenced in play area. New roof on each building in 2013. Great cash flow and every unit renovated as turned over.