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29 units Columbus OH, rehabbed and fully occupied
Property is C class but very solid. Five single story brick buildings, units are one bedroom with basements (29 total). Current leases are at $550, new lease-ups are going for $600. Great location, stays 100% occupied with just a banner out front as advertising.
Under professional management. Has been extensively renovated over the last 4 years. Most of the work is done at this point, should provide solid cashflow in a rapidly appreciating market.
Similar units in Columbus are selling for around 40k/door.
On the fence about selling, but hit me up if you want to make an offer!
Could be a great 1031 exchange property for somebody
Offering