317-269-1000
6196 Ambleside Dr, Columbus, OH for Sale
Multi-Family - FOR SALE
1/6
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6196 Ambleside Dr
Columbus, OH 43229
Devonshire


HIGHLIGHTS

  • 8.8% Stabilized Cap Rate with Proven Rental Upside
  • Ability to increase revenue by marking rents up to market on new leases and as leases rollover
  • Significant upside potential by optimizing operations, upgrading remaining units, and converting the leasing office into a revenue-generating unit
  • Recent improvements - new parking lot, fresh exterior paint, updated lighting, mailbox banks and approximately 50% of the units have been upgraded
  • Spacious 2-bedroom, 1-bath townhomes averaging 1,050 square feet, complete with in-unit full-size washer/dryers and a rare basement feature
  • Situated in a highly desirable Columbus location convenient to major interstates, amenities and employment

FOR SALE DETAILS

PRICE

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# OF UNITS

80

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ambleside Commons

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

010-135350

ASK ABOUT THIS PROPERTY

Cameron BenzCBREMore Info
317-269-1000

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Cameron BenzCBREMore Info
317-269-1000

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