Description
Fully turnkey 4-plex rented for $2,619/mo. Current cap rate 9% with upwards potential for 10% through rent increases. These properties are fully stabilized through significant improvements and currently under professional management with an experienced local property manager. All units have room for rental growth and rent increase. Preferably sold as package with 431 N 11th, 1207 Steubenville, 1001 Beatty, 435 Gomber, and 500 N 9th. Request Offering Memorandum for more details on property/portfolio.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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2,500SQFT
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$90$/SQFT
Description
Fully turnkey 4-plex rented for $2,619/mo. Current cap rate 9% with upwards potential for 10% through rent increases. These properties are fully stabilized through significant improvements and currently under professional management with an experienced local property manager. All units have room for rental growth and rent increase. Preferably sold as package with 431 N 11th, 1207 Steubenville, 1001 Beatty, 435 Gomber, and 500 N 9th. Request Offering Memorandum for more details on property/portfolio.
© 2023 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Raines Group Real Estate Services. Data last updated: 2023-06-02T23:51:34.83.