2483-2539 Courtright Road, Columbus, Ohio, United States, 43232
1,695,000
for Sale
63,597.6
About the property:
Village on Courtright: 24-unit, all one-bedroom/one-bath community in southeast Columbus, offered at $1,695,000 ($70,625/unit, $101.91/SF). Brick, two-story, built 1980, ±16,632 SF (±693 SF per unit), 100% occupied. T-12 NOI is $167,112 (9.86% cap), with utility income in place. In-place rents average $845 against $950 market, a 12% upside, and nine units are past their lease end date, creating flexibility to reprice. Access to I-70 and I-270, close to Mount Carmel East Hospital and the Rickenbacker logistics corridor.
Available as a package with Pine Hill Townhomes and Melrose Manor.
- Property Type:
- Townhouse
- Status:
- for Sale
- House Style:
- Other
- Acres:
- 1.46
- Cross Street:
- Refugee Road
- Is Market:
- Yes
- Is Other:
- Yes
- Is Unit:
- Yes
- Annual Property Taxes:
- 18,274
- Listing ID:
- 226042124
Rooms
Dimensions
Brokered by:
Forge Real Estate Advisors
Presented By:
Presented By: