1245 Crestwood Avenue, Columbus, OH 43227

$1,600,000
Property Type: Multi-Family Lot Size (sq. ft.): 10,454 Status: Closed
Current Price: $1,600,000 List Date: 3/15/2017 Last Modified: 1/19/2025

Description

Scottwood Apartment Complex includes 36 Brick Townhouse apartments. A fully leased, turnkey property with strong management in place. Recent Updates include New Roof, Windows, and numerous other significant renovations to electric boxes, kitchens and bathes, flooring, and HVAC systems. Excellent curb appeal and 22,000 drive by traffic count for quick rental. 7.5% CAP rate.

Supplements: ********

More Information MLS# 217003935

Location Property Info

Original List Price: 1690000 Sold Price: $1,600,000 Property Sub Type: Townhouse Street #: 1245 Street Name: Crestwood Street Suffix: Avenue County: Franklin State: OH Zip Code: 43227 Subdiv/Cmplx/Comm: Scottwood Apartment Complex School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2017-02-12

General Property Info

Number of Units: 36 Building Sqft: 14000 Year Built: 1961 Built Prior to 1978: Yes Acreage: 0.24

Tax Info

Parcel #: 010-129458 Addl Parcel Numbers: 010-129458-00, 010-129459-00, 010-129460-00, 010-129460-00, 010-129461-00, 010-129462-00, 010-129463-00, 010-129464-00 Tax Year: 2016 Taxes (Yrly): 48000

Status Change Info

Under Contract Date: 2017-03-31 Sold Date: 2017-05-24 Sold Price: $1,600,000 Sold Price/SqFt: 114.29

2 Bedroom

2 Bedroom # of Units: 36 2 Bedroom Month Rent Per Unit: 625

Financials

Financials ForYearOf: 2016

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: SVN Wilson Commercial
Listing Agent: Kristen Asman
Last Updated: January - 19 - 2025
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