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
Overview
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.
Listing Details MLS# 217003935
Location Property Info
- Original List Price
- 1690000
- 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
- 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/SqFt
- 114.29
2 Bedroom
- 2 Bedroom # of Units
- 36
- 2 Bedroom Month Rent Per Unit
- 625
More Information
Financials
- Financials ForYearOf
- 2016
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 120.71
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property 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.
Income/Expenses
- Gross Income
- 241553
- Net Operating Income
- 118000
- Total Expenses
- 123000
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:
SVN Wilson Commercial
Listing Agent:
Kristen H Asman
Last Updated: January - 19 - 2025
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