1240 Oak St - Apartments FOR SALE


Columbus, OH 43205
$2,750,000 USD
646-494-4658
1240 Oak St, Columbus, OH for Sale
$2,750,000 USD
Apartments - FOR SALE
1/8
null | 6% Cap Rate

1240 Oak St
Columbus, OH 43205


HIGHLIGHTS

  • Situated in the revitalized Olde Towne East neighborhood near Downtown Columbus, with easy access to shops, restaurants, and cultural attractions.
  • Each unit is equipped with updated high-end kitchens, in-unit laundry, and modern finished to meet the demands of today’s renters.
  • Excellent public transit options and major highways in immediate vicinity.
  • Current area has ongoing redevelopment with growing property values and attracting new tenants.
  • Building is near parks and green spaces, creating a desirable living environment for families and professionals alike.

OVERVIEW

Anchor Retail is proud to exclusively represent ownership on the sale of this newly-constructed 2023 multi-family development, offering ten (10) prime tax abated walk-up units located in the revitalized Olde Towne East neighborhood near Downtown Columbus. Each unit features high-end kitchens, in-unit laundry, and modern finishes, catering to today’s renters. Residents benefit from excellent public transportation options and proximity to major highways, shops, restaurants, and cultural attractions. The surrounding area is undergoing significant redevelopment, driving property values and attracting new tenants. With nearby parks and green spaces, this property provides a desirable living environment for families and professionals alike.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$354 USD /SF

# OF UNITS

10

PRICE/UNIT

$275,000

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,716 SF

ZONING

C

APN/PARCEL ID

010-051804

ASK ABOUT THIS PROPERTY

Arthur KaplanAnchor RetailMore Info
646-494-4658

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Arthur KaplanAnchor RetailMore Info
646-494-4658

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.