661 Kingsford Rd
Columbus, OH 43204
Holly Hill
HIGHLIGHTS
- Well-Located 18-Unit Multifamily Asset: Garden-style apartment community constructed in 1974
- Attractive Unit Mix: The property consists of 12 one-bedroom units and 6 two-bedroom units
- In-Place Cash Flow with Upside: Average in-place rents of $818 per unit are meaningfully below current market levels
- Value-Add Opportunity: Investors can increase NOI through mark-to-market rent growth, targeted interior enhancements
- Strong Rental Demand: Columbus benefits from steady population growth, a diverse employment base, and sustained renter demand
- Compelling Investment Profile: An attractive opportunity for investors seeking a value-add
FOR SALE DETAILS
PRICE
$1,260,000 USD
PRICE/SF
$115 USD /SF
# OF UNITS
18
PRICE/UNIT
$70,000
CAP RATE
Request Cap Rate
% LEASED
94%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1974
PARKING SPACES
18
LAND DETAILS
LAND ACRES
0.49 AC
LAND SF
21,344 SF
ZONING
C
APN/PARCEL ID
010-119829,010-119830,010-119831
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330-600-1044
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330-600-1044
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