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.
54 unit apartment complex. These one and two-bedroom apartments are situated in 2 stately brick buildings on a spacious lawn with plenty on-site parking for your tenants and their guests. Occupancy rates average close to 100% because there is no competition close by. Current rents are priced $100 below market rates, with a CAP rate of 6.4%, and a Net Operating Income of $149,511. There are also 30 more unfinished apartments (framed, plumbed, windows, etc.) within the buildings and ready to finish. If you spend an estimated $150,000 to finish these 30 apartments and rent them at market rates along with your other 54 for a total of 84 apartments. This would bring your CAP rate to 13% with a Net Operating Income of $330,200.
The SELL with STASH Multi-Family Investment Sales Team of Sperry Van Ness-RICORE Investment Management, Inc. is pleased to present to qualified investors the opportunity to acquire the MFA Communities at Autumn Chase, a 76-unit corporate housing complex near the Reynoldsburg neighborhood of Columbus.The property consists of forty-eight garden and twenty eight one-bedroom townhomes. The units are fully furnished with major appliances and furniture, as well as tableware, coffeemaker, cookware and linens. All units have a washer/dryer and all utilities are included.In 2008, the property went through a complete renovation, converting fifty-two, two bedroom townhomes into seventy-six fully furnished mixed garden and townhomes.
Newly remodeled and recently rented doubles in desirable Whitehall. Close to highways and big corporate offices for tenants. Two duplexes for sale in a highly sought after area. High demand for rentals in the area. Whitehall just approved a $3 million road improvement to the area as well.
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.
Investor Special. 2 Bedroom 1 Bath Fixer Upper Home. Sold in "as-is" condition. Call for more details.
Location is a complex of three(3) brick buildings with four (4) apartment units each having 2 bedrooms and 1 bath. The buildings are structurally sound and have newer roofs. Total rehab needed, being sold "as is". Asking price is $195,000.00. Total rehab includes mechanical's and windows. All utilities are separate and paid by tenants. Upon completion of rehab, the units should rent for $550 to $600 per unit. Estimated repairs will be approx. $148,000.00. Seller will consider carrying back a 2nd loan.
Investor Special. 4 Bedroom Fixer Upper Home. Sold in "as-is" condition. Call for more details.
3br, 1 bath with completely new windows, renovated kitchen, bathroom and sanded/redone hardwood floors throughout in 2014. Renters are in place through Summer '16 and signed lease for $750/month.
3-family flat, a-b-c. Tenant manager apt c maintains premises and does not pay rent. Nice common area with building 1971 and well maintained. Roof is approximately 5 years old. Water is approximately $250 a quarter and is included in the rent.