Active
3641 Eakin Road
Columbus OH, 43204
$3,200,000
Active
Multi-family
Built in 1963
Courtesy of Bryan C Jarrett - Keller Williams Capital Ptnrs
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%.
223025552
MLSⓇ ID
August 9, 2023
Listed
April 29, 2024
Updated
Map
3641 Eakin Road
Columbus OH, 43204
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Window
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.2 Acres
Sewer
Public Sewer
School Information
School District
COLUMBUS CSD 2503 FRA CO.
Other Property Details
Taxes
$33,597
Tax Frequency
Annually
Days on Market
259
Garage
No
Parking
Common Area
View
No
County
Franklin
Municipality
None
Pool
No
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
8/15/2023 | Active | — |
Courtesy of Bryan C Jarrett - Keller Williams Capital Ptnrs
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sarah Moore shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright: 2024 by Columbus and Central Ohio Regional MLS. All rights reserved.