614-419-4286
525 Sawyer Blvd, Columbus, OH for Sale
Apartments - FOR SALE
1/27
null | Request Cap Rate

525 Sawyer Blvd
Columbus, OH 43203
Mount Vernon


HIGHLIGHTS

  • Rehab or redevelopment opportunity!
  • Currently 100% vacant
  • 392 units in 2 towers each 15 stories high on 7 +/- acres
  • Opportunity Zone
  • All proposals to be submitted by Friday May 31st, 2024 @ 5pm. RFP details available upon request

OVERVIEW

Latitude Five25 buildings available for sale. Currently 100% vacant. 392 units in 2 towers each 15 stories high on 7 +/- acres. 1-2 BR units with private patios and walk-in closets. Amenities include basketball court, media room and cyber cafe. Beautiful city views close to downtown Columbus near the King Lincoln District, Franklin University and Columbus State Community College. Plenty of parking. Located in an opportunity zone, this site offers potential investors opportunity zone tax benefit options. Sale process is subject to Court approval in pending receivership. All bidders and bids must be qualified under Court-approved sale procedures. Contact Broker for copy of pending sale procedures documentation. All proposals to be submitted by Friday May 31st, 2024 @ 5pm. RFP details available upon request. Please email Shana Vollmar @ svollmar@rweiler.com to request. **Interior photos are dated. Units were completely vacated December 2023. Previous tenants' belongings still remain in many of the units.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

392

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Latitude Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

15

YEAR BUILT

1965

PARKING SPACES

250

LAND DETAILS

LAND ACRES

7.13 AC

LAND SF

310,583 SF

ZONING

AR-2

APN/PARCEL ID

010-137541,010-288512

ASK ABOUT THIS PROPERTY

Skip WeilerThe Robert Weiler CompanyMore Info
614-419-4286

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Skip WeilerThe Robert Weiler CompanyMore Info
614-419-4286

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