2103 Iuka Ave - Apartments FOR SALE
Columbus, OH 43201 |
2103 Iuka Ave
Columbus, OH 43201
HIGHLIGHTS
- PREMIER LOCATION NEAR OSU: Strategically positioned on Iuka Avenue, one of the most sought-after residential corridors
- TURNKEY SHORT-TERM RENTAL INCOME: Select units are already configured for Airbnb operations, offering immediate income potential and flexibility
- RENT GROWTH OPPORTUNITY: In-place rents are significantly below market, presenting a compelling value-add opportunity through targeted unit renovation
- ANCILLARY INCOME FROM GARAGES: On-site garage structures provide opportunities for additional rental or storage income, enhancing total property cash
- OPERATIONALLY SOUND ASSET: The property has been well-maintained, requiring primarily cosmetic and operational improvements to unlock further value
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
2103 IUKA AVE
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
9652
STORIES
2
YEAR BUILT
1970
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
010-047039
