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$ 1,695,000
Est. payment | /mo
1.46 Acres Lot
$ 1,695,000
Est. payment | /mo
1.46 Acres Lot
Key Details
Property Type Multi-Family, Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226042124
Year Built 1980
Annual Tax Amount $18,274
Lot Size 1.460 Acres
Lot Dimensions 1.46
Property Sub-Type Townhouse
Source Columbus and Central Ohio Regional MLS
Property Description
Village on Courtright: 24-unit, all one-bedroom/one-bath community in southeast Columbus, offered at $1,695,000 ($70,625/unit, $101.91/SF). Brick, two-story, built 1980, ±16,632 SF (±693 SF per unit), 100% occupied. T-12 NOI is $167,112 (9.86% cap), with utility income in place. In-place rents average $845 against $950 market, a 12% upside, and nine units are past their lease end date, creating flexibility to reprice. Access to I-70 and I-270, close to Mount Carmel East Hospital and the Rickenbacker logistics corridor.
Available as a package with Pine Hill Townhomes and Melrose Manor.
Available as a package with Pine Hill Townhomes and Melrose Manor.
Location
State OH
County Franklin
Area 1.46
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-013748-00
Listed by Joey Allen Miller Forge Real Estate Advisors
NEARBY SCHOOLS & PROPERTIES
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