908 N Meadows Court, Columbus, OH 43229
$1,252,456
Property Type:
Multi-Family
Lot Size (sq. ft.):
73,181
Status:
Closed
Current Price:
$1,252,456
List Date:
4/21/2016
Last Modified:
1/14/2025
Description
Portfolio of 40 two-bedroom townhouse apartments with basements available for sale in North Columbus. These apartments are fully rented with a waiting list, with one unit being used as a rental office. Income numbers provided are based off of owner's 2015 tax return, not proforma, showing a 10.10% cap rate. Additional income could be added by leasing out the unit used as the rental office. This portfolio is comprised of four 4 family buildings and two 12-family buildings on a total of 4 parcels, Curb Offers only.
Supplements: ********
More Information MLS# 216013083
Location Property Info
Original List Price: 1300000
Sold Price: $1,252,456
Property Sub Type: Townhouse
Street #: 908
Street PreDirection: N
Street Name: Meadows
Street Suffix: Court
County: Franklin
State: OH
Zip Code: 43229
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2016-04-21
General Property Info
Number of Units: 40
# of Buildings: 6
Total Parking: 80
Off Street Parking Spaces: 1
Year Built: 1963
Built Prior to 1978: Yes
Occupancy Rate: 100
Acreage: 1.68
Tax Info
Parcel #: 010-134957
Zoning: ARI
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: Total of 4 parcels -
010-134957
010-134958
010-132283
010-132359
Tax Year: 2015
Taxes (Yrly): 33652.76
Tax Incentive: No
Status Change Info
Under Contract Date: 2016-05-06
Sold Date: 2016-07-11
Sold Price: $1,252,456
2 Bedroom
2 Bedroom # of Units: 40
2 Bedroom Month Rent Per Unit: 550
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
Parking Features: On Street
Owner Pays: Trash
Tenant Pays: Electricity; Gas; Sewer; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Block; Frame
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Miscellaneous: Basement
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Best Corporate Real Estate
Listing Agent: James Mangas
Last Updated: January - 14 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2020 Columbus Board of Realtors. All rights reserved.
