100-203 Raine Street, Pickerington, OH 43147

$2,975,000
Property Type: Multi-Family Status: Closed
Current Price: $2,975,000 List Date: 8/27/2021 Last Modified: 2/19/2025

Overview

Description

• Loan Assumable • Substantial Opportunity to Rents In- Line with Submarket • Well Maintained 100% Occupied Asset • Strong Market & Submarket Multi- Family Fundamentals • Value Add Opportunity for New Ownership • Significant Cap Ex Completed During Current Ownership Hold Period • Excellent Location that Provides Stable High-Quality Tenants

Listing Details MLS# 221033661

Location Property Info

Original List Price
2750000
Property Sub Type
Twin Single
Street #
100-203
Street Name
Raine
Street Suffix
Street
County
Fairfield
State
OH
Zip Code
43147
Subdiv/Cmplx/Comm
Huntwork Gardens
School District
PICKERINGTON LSD 2307 FAI CO.
Township
Violet

OfficeContract Info

MLS Entry Date
2021-08-27

General Property Info

Number of Units
24
# of Buildings
12
Building Sqft
21528
Year Built
1990
Built Prior to 1978
No
Occupancy Rate
100

Tax Info

Parcel #
0410274900
Zoning
PR12
Tax Abatement
No

Status Change Info

Under Contract Date
2021-11-29
Sold Date
2021-12-17
Sold Price/SqFt
138.19

Auction Info

Auction/Online Bidding Y/N
No

More Information

Location & Property Info

List Price/SqFt
127.74
City (Mailing Addr)
Pickerington
Corp LimitPerAuditor
Fairfax

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
• Loan Assumable • Substantial Opportunity to Rents In- Line with Submarket • Well Maintained 100% Occupied Asset • Strong Market & Submarket Multi- Family Fundamentals • Value Add Opportunity for New Ownership • Significant Cap Ex Completed During Current Ownership Hold Period • Excellent Location that Provides Stable High-Quality Tenants

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: NAI Ohio Equities, Realtors
Listing Agent: Carter R Stephens
Last Updated: February - 19 - 2025
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