1684 Churchill Downs Rd - Apartments FOR SALE


Newark, OH 43055- Sherwood Downs
$550,000 USD
614-546-5909
1684 Churchill Downs Rd, Newark, OH for Sale
$550,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1684 Churchill Downs Rd
Newark, OH 43055
Sherwood Downs


HIGHLIGHTS

  • 6-unit multifamily property: 4 one-bedroom units & 2 efficiency units
  • $25,000+ in recent updates: kitchens, bathrooms, and fresh paint

OVERVIEW

This 6-unit multifamily property features four spacious one-bedroom units with washer/dryer hookups and two well-designed efficiency units. The current owner has invested over $25,000 in upgrades, including refreshed kitchens, updated bathrooms, and modern paint throughout. A solid investment opportunity, the property combines functional layouts with recent enhancements. Financial information is available upon request with a signed NDA. This property is owned by a licensed real estate agent. Nestled in Newark, this property enjoys excellent connectivity with quick access to SR-13 and N 21st Street, making it convenient for tenants to reach a wide range of amenities. Residents benefit from proximity to local schools, healthcare facilities, and everyday services, along with diverse dining options and both local boutiques and national retailers. Its strategic location ensures easy access to daily necessities and lifestyle conveniences.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$170 USD /SF

# OF UNITS

6

PRICE/UNIT

$91,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

Multifamily Residentialf

APN/PARCEL ID

054-286314-76.000

ASK ABOUT THIS PROPERTY

Mike BethelShai · Hess Commercial Real EstateMore Info
614-546-5909

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Mike BethelShai · Hess Commercial Real EstateMore Info
614-546-5909

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