504 Shenandoah Drive, Byesville, OH 43723

$2,000,000
Property Type: Multi-Family Lot Size (sq. ft.): 100,624 Status: Closed
Current Price: $2,000,000 List Date: 4/12/2023 Last Modified: 2/28/2025

Overview

Description

21 Buildings with 63 total units located nearby Meadowbrook High School. Great rental history and 100% occupied at the present time. Units have newer roofs.

Listing Details MLS# 223009868

Location Property Info

Original List Price
3000000
Property Sub Type
Townhouse
Street #
504
Street Name
Shenandoah
Street Suffix
Drive
County
Guernsey
State
OH
Zip Code
43723
Subdiv/Cmplx/Comm
Hidden Valley
School District
ROLLING HILLS LSD 3003 GUE CO.
Township
Jackson

OfficeContract Info

MLS Entry Date
2023-04-12

General Property Info

Number of Units
63
# of Buildings
21
Total Parking
126
Building Sqft
1248
Year Built
1981
Built Prior to 1978
No
Occupancy Rate
100
Acreage
2.31
Use Code
402 - APARTMENT:20-39 UNITS

Tax Info

Parcel #
11-0003255.000
Zoning
R
Mult Parcels/Sch Dis
Yes
Addl Parcel Numbers
110002849000,110002850000, 110002851000, 110002852000, 110002853000, 110003279000
Tax Year
2022
Tax Abatement
No
Taxes (Yrly)
8448.56
Tax Incentive
No

Status Change Info

Under Contract Date
2023-06-03
Sold Date
2023-08-29
Sold Price/SqFt
1602.56

2 Bedroom

2 Bedroom # of Units
63

More Information

Financials

Financials ForYearOf
2021

Expenses

R.E. Taxes
8448.56
Property Insurance
10778
Expenses/Benefits
32836
Repairs&Maintenance
79677
Water Expense
4895

Auction Info

Auction/Online Bidding Y/N
No

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

Location & Property Info

List Price/SqFt
2083.33
City (Mailing Addr)
Byesville
Corp LimitPerAuditor
None

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
21 Buildings with 63 total units located nearby Meadowbrook High School. Great rental history and 100% occupied at the present time. Units have newer roofs.

Income/Expenses

Gross Income
383301
Net Operating Income
224440
Total Expenses
158861

Addl Acceptance Cond

None Known
Yes

Construction

Frame
Yes

Heat Fuel

Electric
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Sewer Available
Yes
Storm Sewer
Yes
Water Available
Yes

Tenant Pays

Electricity
Yes

Heating

Radiant
Yes

Air Conditioning

Window Unit(s)
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Owner Pays: Sewer; Trash; Water Tenant Pays: Electricity Heat Fuel: Electric Heating: Radiant Air Conditioning: Window Unit(s) Construction: Frame Sewer: Public Sewer Services Available: Electricity Available; Sewer Available; Storm Sewer; Water Available MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard HannaRealEstateServices
Listing Agent: Hugh H Price
Last Updated: February - 28 - 2025
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