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24461118
24461134

853 Thurman Avenue, Columbus, OH 43206

NJ
2020008865
LifePoint Real Estate, LLC
PC
2018001563
LifePoint Real Estate, LLC
Listed by LifePoint Real Estate, LLC
$4,390,000
335 days on market
Updated 27 days ago

853 thurman Avenue

Details
APN 010-028146-00
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+2)
Units 12
NOI $310,230
Year Built 1955
Year Renovated 2024
Parking Spaces 18 spaces

Multifamily | 12 Units

Marketing description

Beautifully renovated quad plexes adjacent to Merion Village. These units are currently licensed as short term rentals and exclusively listed on AirBnB. Tax abated for 15 years. Renovations included but are not limited to: New roof, gutters, windows, electric, HVAC plumbing, flooring, mechanicals, flooring, appliances, concrete parking lot, fencing and outdoor structures. Continued cleaning and management is negotiable.
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Listing Contacts

NJ
2020008865
LifePoint Real Estate, LLC
PC
2018001563
LifePoint Real Estate, LLC
Listed by LifePoint Real Estate, LLC

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$310,230.00
$25,852.50/mo

Valuation Metrics

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DSCR
7.07%
Cap Rate
7.07%
ROI

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