5274-5280 Portland St - Apartments FOR SALE


Columbus, OH 43235- The Gables
$800,000 USD
614-477-3133
5274-5280 Portland St, Columbus, OH for Sale
$800,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

5274-5280 Portland St
Columbus, OH 43235
The Gables


HIGHLIGHTS

  • 5274-5280 Portland Street is a rare four-unit multifamily asset off Bethel Road.
  • Each unit is individually parceled and sub-metered.
  • The subject is 100% occupied among the four units of two-bed/ one-and-a-half bath units with enclosed patios.
  • Tremendous rental upside via increasing and matching market rents.

OVERVIEW

5274-5280 Portland Street is a rare find off Bethel Road. It offers four units of multifamily townhomes, each individually parceled and submetered. The asset is 100% occupied and offers a unit mix of two-bedrooms/ one-and-a-half bathrooms with finished basements and individual patios. Not only offered as a stabilized, income-generating investment opportunity, but with immense value-add via bringing rents up to market pricing of the highly-populated Columbus metro. Curb offers only. Dont disturb tenants.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$129 USD /SF

# OF UNITS

4

PRICE/UNIT

$200,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.01 AC

LAND SF

523 SF

ZONING

-

APN/PARCEL ID

010-178753-00,010-178754-00,010-178755-00,010-178756-00

ASK ABOUT THIS PROPERTY

Fadi SuleimanKeller Williams Consultants RealtyMore Info
614-477-3133

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Fadi SuleimanKeller Williams Consultants RealtyMore Info
614-477-3133

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