667 Brent Boulevard, Columbus, OH 43228

$2,180,000
Property Type: Multi-Family Lot Size (sq. ft.): 242,629 Status: Closed
Current Price: $2,180,000 List Date: 5/22/2012 Last Modified: 1/07/2025

Description

Brittany Hills Apartments - 96 units in 3 Bldgs. on 5.5 acres - **Please do not disturb tenants or on site management** 78 - 2 BRs ($465) and 18 - 3 BRs ($555). 96%occupancy. On site rental/mgmt office and full time maintenance. Gross potential income of $555,120 !! priced to sell at 9% cap rate. Located just off of Sullivant and close to new casino. Over $225,000 in NOI !! Tenants pay all utilities, laundry rooms in all 3 buildings. Rare find ! priced at $25,260/unit !!!

Supplements: ********

More Information MLS# 212017482

Location Property Info

Original List Price: 2425000 Sold Price: $2,180,000 Property Sub Type: Midrise Street #: 667 Street Name: Brent Street Suffix: Boulevard County: Franklin State: OH Zip Code: 43228 Subdiv/Cmplx/Comm: Brittany Hills Apartments School District: SOUTH WESTERN CSD 2511 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2012-05-22

General Property Info

Number of Units: 96 # of Buildings: 3 Total Parking: 149 Building Sqft: 78954 Year Built: 1973 Built Prior to 1978: Yes Occupancy Rate: 96 Lot Size (Side): 240 Acreage: 5.57

Tax Info

Parcel #: 570-110009 Zoning: Multi Mult Parcels/Sch Dis: No Assessment: None Known Tax Year: 2010 Taxes (Yrly): 52011.88

Status Change Info

Under Contract Date: 2012-06-12 Sold Date: 2012-08-06 Sold Price: $2,180,000 Sold Price/SqFt: 75.4

2 Bedroom

2 Bedroom # of Units: 78 2 Bedroom Month Rent Per Unit: 465

3 Bedroom

3 Bedroom # of Units: 18 3 Bedroom Month Rent Per Unit: 555

Financials

Financials ForYearOf: 2011 Gross Rental Income: 508380 Effective Income: 508380

Expenses

R.E. Taxes: 27096 Property Insurance: 12183 Repairs&Maintenance: 49522 Electricity Expense: 44889 Accounting & Legal: 7166 Advert/Lic/Permits: 4346

Auction Info

Auction/Online Bidding Y/N: No

Lease Information

Was Leased: No

Property Features

Addl Acceptance Cond: None Known Parking Features: Common Tenant Pays: Electricity; Sewer; Trash Collection; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Block; Brick Services Available: Electricity Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Public Transport; Security System New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard Hanna Real Estate Svcs
Listing Agent: Gregory Hrabcak
Last Updated: January - 07 - 2025
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