Sold

Property:                        A 103-unit apartment community consisting
                                       of 12 brick buildings housing 103 two-bedroom
                                       townhouses situated on a 5.8-acre wooded site

Location:                        2415 - 4111 Timber Trail Drive
                                       Columbus, Ohio 43224

Year Built:                      1973

List Price:                       $3,990,000

Number of Units:            103

Asking Price per Unit:     $38,738

Net Operating Income:    $323,161

Capitalization Rate:         8.10%

Internal Rate of Return:  20.45%    

Properties for Sale