18 - 1 Bedroom units at NE corner of Camp Chase Drive and Derrer Road. 6 units 1 Bedroom units per floor - 2.5 story garden design. *Cash Flow* 2, 619 SF per floor totaling 7, 857 SF on .41 acres (2 parcels). Current rents are $500/month/unit for potential gross income annually of $108, 000. Currently 90% occupied and generally fill quickly. Same ownership 50 plus years/retiring. Rents generally are $450 - $500/unit. Located near Great Western Shopping Center @ Wilson and West Broad. **Outstanding cash flow estimated 9.5% Cap Rate with 40% operating expenses!* Tenants pay electric and gas. parking rear of units. All units have window/sleeve air conditioning units. Excellent opportunity for new owner and priced to sell at $675, 000!! First time on market since built 50 plus years same owner!!
Camp Chase at Derrer Dive - 18 1 - BR Units
Common Area, On Street
COLUMBUS CSD 2503 FRA CO.
Courtesy of Gregory J Hrabcak (614) 906-2227 HER, Realtors (614) 471-7400
MLS Information deemed reliable but not guaranteed
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