Listed by The Robert Weiler Company
$2,200,000
INVESTMENT OPPORTUNITY!
Details
APN 010-026431-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 12,702
Units 14
Price per SqFt $173
Year Built 1932
Stories 2
Acreage 0.740
Zoning DD
14-UNIT APARTMENT COMPLEX WITH APPROVED PLANS FOR AN ADDITIONAL 24 UNITS!
Marketing description
14-UNIT APARTMENT COMPLEX WITH APPROVED PLANS FOR AN ADDITIONAL 24 UNITS! Rare opportunity to acquire 14 units downtown with approved plans for an additional 24 units on the rear of the site. Existing rents are below market allowing a value-add opportunity on the 14 units while new construction occurs on the back. Underground parking in the current 14-unit complex provides a great amenity for the units. This is minutes from the heart of Downtown Columbus in a booming submarket filled with young professionals. Incredible value-add opportunity!
Investment highlights
UNIQUE INVESTMENT OPPORTUNITY
14 - UNIT APPARTMENT COMPLEX
APPROVED PLANS FOR ADDITIONAL 24 UNITS
UNDEGRAND PARKING
GREAT DOWNTOWN COLUMBUS LOCATION
Listing Contacts
Listed by The Robert Weiler Company
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