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Southern Orchards
RARE OPPORTUNITY! 13 RENOVATED UNITS! - 958-976 S Champion Ave & 534-536 Oakwood Ave, Columbus, OH 43206
This property isn't on the market right now.
Property Details
RARE OPPORTUNITY! 13 RENOVATED UNITS AVAILABLE FOR SALE! Rare opportunity to purchase 13 renovated units in the Downtown submarket of Old Town East and Southern Orchards with below market rents. Both properties have been recently completely
renovated, but rents remain below market allowing the next owner rent upside opportunity. Priced at a 7.2% cap rate, these units provide attractive in-place income. One unit at the Champion Avenue location has been left vacant to provide the next owner with the opportunity to increase rents on the market. Located in an opportunity zone, this site offers potential investors opportunity zone tax benefit options. This opportunity won’t last long.
- Property TypeMulti-Family
- Submarket
- Number of Buildings2
- ZoningResidential
- Last updatedMar 05, 2024
- Property ID2225014
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