Historical Multifamily Sale Listing - Cleveland Oaks

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Columbus, OH or Ohio

Cleveland Oaks

3663 Cleveland Ave., Columbus, OH 43224

N/A

24 Units | Multifamily

  • Print

Multifamily Property - Off Market

Price:
N/A
No. Units:
24
Building Size:
15,870 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Distressed:
Yes
Cap Rate:
13.40%
No. Stories:
3
Year Built:
1962
Lot Size:
21,135 SF
Parking Ratio:
1 / 1,000 SF
Listing ID
17522623
Last Updated
over 1 year ago

Description

The improvements consist of 2 buildings situated on a corner site of approximately 21,135 square feet. The 2 buildings house 24 one-bedroom garden apartments consisting of approximately 661 square feet each. Each apartment contains a living room, kitchen, dinette, a bedroom and a full bathroom. Each apartment is equipped with a gas range, refrigerator, garbage disposal, gas furnace, sleeve air-conditioning, ceiling fans and mini-blinds. The buildings were built in 1962.

The exterior of the structures is brick. The grounds are professionally landscaped. A parking lot with 24 parking places is located on the west side of the site.

Cleveland Oaks is located on the northeast side of Columbus at 3663 - 3669 Cleveland Avenue, on the west side of Cleveland Avenue and south of Morse Road. The northeast area of Franklin County has experienced rapid development with the completion of I-670 to the south of the property and with the development of New Albany to the northeast. In addition, the newly developed Easton at I-270 and Morse Road and the retail areas along Morse Road provide a good employment base for the area, which will result in increased demand for housing in the immediate vicinity.

Map of 3663 Cleveland Ave., Columbus, OH 43224 (Franklin County)

Research for 3663 Cleveland Ave., Columbus, OH 43224 (Franklin County)

  • Demographics – Population, income & other demographics near 3663 Cleveland Ave.
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building