14-UNIT APARTMENT COMPLEX WITH APPROVED PLAN FOR AN ADDITIONAL 24 UNITS!

Ohio > Columbus > 43215 > Downtown

14-UNIT APARTMENT COMPLEX WITH APPROVED PLAN FOR AN ADDITIONAL 24 UNITS! - 602 E Town St, Columbus, OH 43215

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For Sale

Multi-Family

For Sale

This property is available for sale

0.74

Acres

$2,650,000

Sale Price

Year Built
1932

Overview
14-UNIT APARTMENT COMPLEX WITH APPROVED PLAN FOR AN ADDITIONAL 24 UNITS! Rare opportunity to acquire 14 units downtown with approved plans for an additional 24 units on the rear of the site. Existing rents are below market allowing a value-add opportunity on the 14 units while new construction occurs on the back. Underground parking in the current 14-unit complex provides a great amenity for the units. This is minutes from the heart of Downtown Columbus in a booming submarket

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Property Details

14-UNIT APARTMENT COMPLEX WITH APPROVED PLAN FOR AN ADDITIONAL 24 UNITS! Rare opportunity to acquire 14 units downtown with approved plans for an additional 24 units on the rear of the site. Existing rents are below market allowing a value-add opportunity on the 14 units while new construction occurs on the back. Underground parking in the current 14-unit complex provides a great amenity for the units. This is minutes from the heart of Downtown Columbus in a booming submarket