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: