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

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.

Supplements: ********

More Information MLS# 223009868

Location & Property Info

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

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

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

Tax Info

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

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.

Status Change Info

Sold Price/SqFt: 1602.56 Under Contract Date: 2023-06-03 Sold Date: 2023-08-29 Sold Price: $2,000,000

Income/Expenses

Gross Income: 383301 Net Operating Income: 224440 Total Expenses: 158861

Addl Acceptance Cond

None Known: 1

Financials

Financials ForYearOf: 2021

Expenses

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

2 Bedroom

2 Bedroom # of Units: 63

Construction

Frame: 1

Heat Fuel

Electric: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Sewer Available: 1 Storm Sewer: 1 Water Available: 1

Tenant Pays

Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Radiant: 1

Air Conditioning

Window Unit(s): 1

Owner Pays

Sewer: 1 Trash: 1 Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Location Property Info

Original List Price: 3000000 Sold Price: $2,000,000 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

Status: Closed MLS Entry Date: 2023-04-12

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 Price
Last Updated: February - 28 - 2025
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