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Apartment Conversion Opportunity

1078 East Dublin-Granville Rd Columbus, OH 43229
$3,950,000

About the Property

  • Units:
    168
  • Price ($):
    $3,950,000
  • Year built:
    1973
  • # Buildings:
    1 Building / 2 Stories
  • Corridor:
    Interior
  • Building:
    Wood Frame
  • HVAC:
    Individual HVAC units
  • Parking:
    Surface
  • Roof:
    Pitched, Shingled
  • Parcel Number(s):
    #010-132381-00 (Franklin)
  • Land Size:
    3.65 acres

Financial Highlights

Unit Potential
84 1-bedroom units (576 square feet)
Market Rent
$941/month
Rent (proj.)
$75,092/month or $901,102/year
Expenses (proj.)
$515,010
NOI (proj.)
$386,092/year
Cap Rate (proj.)
9.8%

Amenities

  • Breakfast Area

Location

1078 East Dublin-Granville Rd Columbus, OH 43229

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