1038 Lockbourne Rd - Apartments FOR SALE


Columbus, OH 43206- Driving Park
$675,000 USD
216-373-7727
1038 Lockbourne Rd, Columbus, OH for Sale
$675,000 USD
Apartments - FOR SALE
1/15
null | 9% Cap Rate

1038 Lockbourne Rd
Columbus, OH 43206
Driving Park


OVERVIEW

Four-unit apartment building conveniently located near I-70 and downtown. Two units currently occupied. Two units currently being updated. Off the street parking available for each unit. Total rents $6198 (fully-occupied, about a 9% CAP rate!). Separately-metered gas and electric. Spacious 3 bed/1 bath units, about 1,210 sq ft each (total above grade sf is 4,838).

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$93 USD /SF

# OF UNITS

4

PRICE/UNIT

$168,750

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,491 SF

ZONING

Commercial

APN/PARCEL ID

010-049673

ASK ABOUT THIS PROPERTY

Michael FerranteCentury 21 HomeStarMore Info
216-373-7727

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Michael FerranteCentury 21 HomeStarMore Info
216-373-7727

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.