HIGHLIGHTS
- 15 renovated one-bedroom, one-bath units with current rents at $800/month and potential for future rent increases.
- The property maintains high occupancy, supported by strong renter demand in the affordable housing segment of the Columbus multifamily market.
- Located on Sullivant Ave in the Westgate/Greater Hilltop neighborhood, the property offers direct access to public transit.
- Positioned within a redevelopment corridor experiencing both public and private investment, the area presents strong long-term appreciation potential.
- Units have been recently updated with modern finishes including LVP flooring (new in most units), shaker cabinets and updated appliances.
FOR SALE DETAILS
PRICE
$1,035,000 USD
PRICE/SF
$178 USD /SF
# OF UNITS
15
PRICE/UNIT
$69,000
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1961
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.26 AC
LAND SF
11,326 SF
ZONING
Residential
APN/PARCEL ID
010-077142
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330-600-1044
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330-600-1044
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