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3641 Eakin Road, Columbus, OH 43204

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For Sale
Sale Pending

$3,200,000

0.2 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

This portfolio has had major improvements completed over the last five years. Mostly new windows & sliders, gutters, soffits, the metal decks and stairs have been repaired/replaced and the parking lots have been resurfaced. All units have been updated some with new cabinets, doors, LVT flooring and most units have new furnaces and hot water tanks. With the current rent roll the CAP rate on this portfolio is just shy of 6.8%. The new owner should see a reduced rate of expenses due to the improvements that have been completed. There are 4 vacant units, some with accepted applications. Once leased 14 units will be at $850 a month. With all 36 units being leased at $875 a month the return on this portfolio should be north of 9%.
MLS# 223025552

Courtesy Of Keller Williams Capital Partners Realty

(614) 888-1000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.2 Acres

Map and Directions

Directions to 3641 Eakin Road, Columbus, OH 43204
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Home seller CENTURY 21 Excellence Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Excellence Realty

(800) 783-2100
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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