Looking For Lending on 10 unit rehab in Columbus Ohio

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Looking For Lending on 10 unit rehab in Columbus Ohio

Rental Property Investor · Dumont, NJ · Member since 2018 · 11 posts · 1 vote

Looking For Private Debt or Equity partner on 10 unit total Rehab in OTE neighborhood.

The Property Is near Nationwide Children's hospital In Old Town East Neighborhood with tons of upside in a still improving area. Town house style units in two 5 unit brick buildings on two 0.13 acre lots with one additional land lot.

Purchase: $600,000

Rehab: $ 400,000

ARV: $1,500,000 - $2,000,000

Estimated Time line: 12-18 months

Gross Rent after repair: 12,000 - 14,000 / mo

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