$2,795,000 SALE
13,340 SF
1770-1776 N Star Ave
Columbus, OH 43212


100% occupied 16 unit apartment offering in the Grandview/Upper Arlington market. Complete interior renovation within the past 12 month period. Highly desirable and turnkey investment. Room for immediate & future rent growth. Current rents between $1,000 - $1,350 per unit. Improvements include; a) kitchen: enlarged kitchen, tile flooring, counter tops, cabinets, tile backplace, fixtures, paint, washer/dryer & stainless steel appliances; b) Bathroom: tile floor, new fixtures, shower, paint and backsplash; c) living room: carpet, paint/flooring, light fixtures; and d) mechanicals: updated furnaces and new AC unit installation. Listing agent has an ownership interest in the subject properties.

Property Type Multi-Family
Property Use Other Residential
Year Built 1961
Renovated Year 2001
Level Number 2
Lot Dimensions 120'x160'
Sub-Lease 16
Zoning 808, Multi-family, AR1, 4/12/1959, H-35
Cap Rate Percentage 5.67
Average Daily Rate 100
Listing ID 9NFCNS
Style Multi-Family (5-20 Units)
Building Size 13,340 SF
Lot Size 0.44 AC
Area Description

Area Description: This property is located on North Star Avenue between Northwest Blvd and King Ave. It is north of Grandview Heights, west of Upper Arlington, and south of Ohio State's campus. It has 4,432 AADT.

Region: Midwest United States

Region: North America

Region: North Columbus

Region: Central Ohio

Property Features
Parking Places: 16