3357-3361 E Broad St - Apartments FOR SALE


Columbus, OH 43213- Eastmoor
$420,000 USD
614-218-3520
3357-3361 E Broad St, Columbus, OH for Sale
$420,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

3357-3361 E Broad St
Columbus, OH 43213
Eastmoor


HIGHLIGHTS

  • Major Value-Add Opportunity in a Strong Rental Market
  • ±5,526 SF Garden-Style Apartment Building
  • Detached Six-Car Garage – One Space Per Unit
  • Situated on ±0.40 Acres with 160' of Frontage Along E Broad Street
  • CURRENTLY IN RECEIVERSHIP
  • The properties are vacant and require complete renovation.

OVERVIEW

NAI Ohio Equities is pleased to offer 3357–3361 E Broad Street, a 6-unit garden-style multifamily building located in the heart of Columbus’ Eastmoor neighborhood. Encompassing ±5,526 square feet on approximately ±0.40 acres, the building includes four 1-bedroom/1-bath and two 2-bedroom/1-bath units. A detached 6-car garage offers one parking space per unit, enhancing tenant convenience. Located within the new Zone In rezoning area along E Broad Street, this property benefits from long-term upside associated with the city’s initiative to promote greater housing density and mixed-use development along transit corridors. Zoned Mixed-Use (UGN-1) and currently in receivership, the property represents a compelling value-add opportunity for investors seeking to unlock income potential through renovation and strategic lease-up.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$41 USD /SF

# OF UNITS

6

PRICE/UNIT

$70,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

Mixed-Use, UGN-1

APN/PARCEL ID

010-093087

ASK ABOUT THIS PROPERTY

Peter MerkleNAI Ohio Equities LLCMore Info
614-218-3520

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Peter MerkleNAI Ohio Equities LLCMore Info
614-218-3520

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