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20004308
20004140

1204 Oak St, Columbus, OH 43205

AK
OH OH SAL.2014001626, NY NY 10401309297
Anchor Retail
Listed by Anchor Retail
$2,250,000
631 days on market
Updated 25 days ago
Opportunity zone

New Construction | 10-Unit Tax Abated Multifamily

Details
APN 010-051804-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,578
Units 10
Cap Rate 7.11%
NOI $159,937
Class A
Year Built 2023
Stories 2
Acreage 0.200

Historic Charm Meets Modern Living: Invest in the Future of Olde Towne East

Marketing description

Anchor Retail is proud to exclusively represent ownership on the sale of this newly-constructed 2023 multi-family development, offering ten (10) prime taxabated walk-up units located in the revitalized Olde Towne East neighborhood near Downtown Columbus. Each unit features high-end kitchens, in-unit laundry, and modern finishes, catering to today’s renters. Residents benefit from excellent public transportation options and proximity to major highways, shops, restaurants, and cultural attractions. The surrounding area is undergoing significant redevelopment, driving property values and attracting new tenants. With nearby parks and green spaces, this property provides a desirable living environment for families and professionals alike.

Investment highlights

  • New 2023 construction

  • Prime 10-unit tax-abated multifamily investment

  • Situated in the revitalized Olde Towne East neighborhood near Downtown Columbus, with easy access to shops, restaurants, and cultural attractions

  • Each unit is equipped with updated high-end kitchens, in-unit laundry, and modern finished to meet the demands of today’s renters

  • Excellent public transit options and major highways in immediate vicinity

  • Current area has ongoing redevelopment with growing property values and attracting new tenants

  • Building is near parks and green spaces, creating a desirable living environment for families and professionals alike.

Listing Contacts

AK
OH OH SAL.2014001626, NY NY 10401309297
Anchor Retail
Listed by Anchor Retail

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$159,937.00
$13,328.08/mo

Valuation Metrics

0
DSCR
7.11%
Cap Rate
7.11%
ROI

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Additional Information

Name
Arthur Kaplan
License
OH SAL.2014001626
Brokerage
Anchor Retail
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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