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Off Market
1/6

6196 Ambleside Dr
Columbus, OH 43229


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

-

CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Ambleside Commons

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

84000

STORIES

2

YEAR BUILT

1964

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

010-135350