SOLD

Property:                        16 two-bedroom garden apartments
                                       north of Columbus, Ohio in the rapidly
                                       growing Polaris area. Each apartment contains
                                       2 bedrooms, a range, refrigerator and dishwasher
                                       and a washer/dryer hookup. Community contains
                                       swimming pool, tennis courts and a
                                       wooded setting with multiple lakes.

Location:                       901-931 Bayridge Drive
                                      Lewis Center, OH 43035

Year Built:                     1995

List Price:                      $929,900.00

Number of Units:           16

Asking Price per Unit:    $58,119

Net Operating Income:   $62,694.00

Capitalization Rate:        6.60%

Internal Rate of Return: 12.24%

Properties for Sale