2373 Belcher Drive, Columbus, Ohio, United States, 43224
2,450,000
for Sale
38,332.8
About the property:
Rare opportunity to acquire a substantially improved 24-unit townhome-style apartment community near Easton Town Center. The property features a desirable mix of studio, 1-, 2- and 3-bedroom units, spacious layouts and private full basements. 21 of 24 units have recently been turned/renovated, providing a strong foundation for a new owner with additional upside.
PROPERTY HIGHLIGHTS: New parking lot; newer roof (less than 10 years); new windows; central air; combination of baseboard and boiler heat; luxury vinyl plank flooring; updated kitchens, cabinets and appliances; updated bathrooms and fixtures; washer/dryer hookups; and professionally maintained grounds.
CONDO CONVERSION: Property has been converted to a condominium structure, which may provide an opportunity for favorable property-tax treatment compared with traditional multifamily assessment, subject to applicable tax treatment and individual unit assessments. Buyers should verify tax implications with their advisors.
PRIME LOCATION: Conveniently located near Easton Town Center, shopping, restaurants, parks, entertainment and major employment centers, with easy access to I-71 and I-270.
SIGNIFICANT CAPITAL IMPROVEMENTS + UPSIDE: Much of the renovation work is already complete, offering investors an opportunity to acquire a substantially improved community with potential for continued leasing and operational upside. Financials, rent roll and additional information available to qualified buyers.
**315 total units available**
- Property Type:
- Townhouse
- Status:
- for Sale
- House Style:
- Other
- Acres:
- 0.88
- Cross Street:
- S of Morse Rd
- Is Apartment:
- Yes
- Is Condo:
- Yes
- Is Entertainment:
- Yes
- Is Mix:
- Yes
- Is Other:
- Yes
- Is Parking:
- Yes
- Is Unit:
- Yes
- Annual Property Taxes:
- 1,617
- Listing ID:
- 226036516
Rooms
Dimensions
Brokered by:
Endurance Realty & Investments
Presented By:
Presented By: