3641 Eakin Road
Columbus,
OH
43204
Property Details
List Price: |
$3,200,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
31104 |
Agency: |
Keller Williams Capital Partners Realty |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1963 |
Notes: |
This portfolio has had major improvements completed over the last five years. Mostly new windows & sliders, gutters, soffits, the metal decks and stairs have been repaired/replaced and the parking lots have been resurfaced. All units have been updated some with new cabinets, doors, LVT flooring and most units have new furnaces and hot water tanks. With the current rent roll the CAP rate on this portfolio is just shy of 6.8%. The new owner should see a reduced rate of expenses due to the improvements that have been completed. There are 4 vacant units, some with accepted applications. Once leased 14 units will be at $850 a month. With all 36 units being leased at $850 a month the return on this portfolio should be north of 9%. |
MlsNumber: |
223025552 |
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Listing Provided By: |
Keller Williams Capital Partners Realty, original listing |
Name: |
Keller Williams Capital Partners Realty |
Phone: |
(614) 888-1000 |
Office Name: |
Keller Williams Capital Ptnrs |
Office Phone: |
(614) 888-1000 |
Agent Name: |
Bryan C Jarrett |
Disclaimer: |
Copyright © 2024 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |