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    5804 N Meadows Boulevard

    Columbus, OH 43229
    • $5,000,000
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: 221012656
    UPDATED: 63 min ago
    $5,000,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 52,660
      SQFT
    • $95
      $/SQFT
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    North Meadows 70 unit package. This consists of 48 one bedroom, one bath units and 22 two bedroom, one bath units.PLEASE DO NOT DISTURB TENANTS. SHOWING BY APPOINTMENT ONLY.Package consists of six separate buildings on three parcels. Owner operating statement and rent roll summary under documents. Buyer and their Realtor needs to sign Non-Disclosure agreement. 16 units are Section 8 subsidized with Community Shelter Board.This may qualify for the Fannie Mae multi-family financing program. Details in documents. Seller would like to do a 1301 exchange.Gross projected income 2021 approx. $550,000.

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    © 2021 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or ERA Real Solutions Realty. Data last updated: 2021-05-07T16:51:45.203.
    www.eracentralohio.com/homes/116411781
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    5804 N Meadows Boulevard Columbus, OH 43229

    • Price: $5,000,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 221012656
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    52,660
    SQFT
    $95
    $/SQFT
    1963
    Built
    Neighborhood:
    Northland Salem Village Area
    County:
    Franklin
    Area:
    Columbus
    School District:
    Columbus Csd 2503 Fra Co.
    Property Description
    North Meadows 70 unit package. This consists of 48 one bedroom, one bath units and 22 two bedroom, one bath units.PLEASE DO NOT DISTURB TENANTS. SHOWING BY APPOINTMENT ONLY.Package consists of six separate buildings on three parcels. Owner operating statement and rent roll summary under documents. Buyer and their Realtor needs to sign Non-Disclosure agreement. 16 units are Section 8 subsidized with Community Shelter Board.This may qualify for the Fannie Mae multi-family financing program. Details in documents. Seller would like to do a 1301 exchange.Gross projected income 2021 approx. $550,000.
    Exterior Features

    Construction BrickFrame Lot Size Frontage irr Lot Size Side irr Parking Type 2 Off StreetOn Street

    Interior Features

    Elevators 0.00

    Property Features

    1 Bedroom Monthly Rent Per Unit 605.00 1 Bedroom Units 48 2 Bedroom Monthly Rent Per Unit 710.00 2 Bedroom Units 22 Auction No Between Street1 State Route 161 Between Street2 Hillery Buildings 6.00 Built Prior To1978 Yes Corp Limit Per Auditor Columbus Dist To Intersection 0.75 Expenses Electricity 28696.00 Expenses Gas 15620.00 Expenses Misc 10500.00 Expenses Off Site Management 41524.00 Expenses Property Insurance 14832.00 Expenses Real Estate Taxes 51782.00 Expenses Repairs And Maintenance 20472.00 Expenses Water 13172.00 Financials Effective Income 513525.00 Financials For Year Of 2020 Financials Gross Rental Income 576240.00 Financials Other Income 25620.00 Financials Vacancy And Credit Loss 57192.00 For Exchange Yes For Sale Yes Miscellaneous Basement Mult Parcels Sch Dis Yes Multifamily Sub Type Townhouse Near Interchange St. Rt. 161 And I-71 New Financing Conventional Owner Pays SewerWater Services Available ElectricGasSanitary SewerStorm SewerWater Tax District 010 Tax Incentive No Tax Year 2020 Taxes Yearly 51782.00 Tenant Pays Electricity Township None Use Code 401 - APARTMENT:4-19 UNITS Zoning Ar-1

    Listing provided courtesy of Joseph C Jackson of Keller Williams Capital Partners


    © 2021 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or ERA Real Solutions Realty. Data last updated: 2021-05-07T16:51:45.203.
     
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