4496 Reinbeau Dr - Apartments FOR SALE


Columbus, OH 43232- Blacklick Estates
$2,575,000 USD
614-348-7876
4496 Reinbeau Dr, Columbus, OH for Sale
$2,575,000 USD
Apartments - FOR SALE
1/10
null | 7.31% Cap Rate

4496 Reinbeau Dr
Columbus, OH 43232
Blacklick Estates


HIGHLIGHTS

  • Location in Columbus, Ohio ..One of the hottest markets in USA
  • Ranch Style. Private Entry. Patio. Low Maintenance Interior
  • High rental demand. Getting hotter. Increasing income potential

OVERVIEW

Please find attached general information regarding the HAMILTON COURT APARTMENTS. Hamilton Court is a modular, ranch style apartment community built in 1973 by Cardinal Industries. Every apartment is a single story, ranch style with private entry. The interiors require less maintenance mainly because the walls are covered with walltex. The apartments are all electric. The heating and air conditioning source is electric radiant source wall mounted system. Kitchens are equipped with electric range, refrigerator and disposal. The community consists of four contiguous parcels. The apartment mix is as follows: Apartment Mix General Rent per Month 33 - One Bedroom, One Bath Apartments $675 4 - Studio Apartments $575 3 - Two Bedroom, One Bath Apartments $725 1 - Three Bedroom, One Bath Apartment $795 1- Office/Storage Unit The Seller has self managed this community for 20+ years. The Seller is planning to retire soon. Buyer are asked to arrange conventional financing as needed for this acquisition. For further information, please write and I will respond to help as much as possible.

FOR SALE DETAILS

PRICE

$2,575,000 USD

PRICE/SF

$99 USD /SF

# OF UNITS

41

PRICE/UNIT

$62,805

CAP RATE

7.31%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hamilton Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

-

APN/PARCEL ID

180-000419

ASK ABOUT THIS PROPERTY

Thomas FortinThomas Fortin & Company, Inc.More Info
614-348-7876

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Thomas FortinThomas Fortin & Company, Inc.More Info
614-348-7876

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