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1956-1962 Iuka Ave
Columbus, OH 43201
Multifamily Property For Sale
·
32 Units
PROPERTY FACTS
| No. Units | 32 | Building Size | 22,026 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 0.4/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | commercial | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 22,026 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1961 |
| Parking Ratio | 0.4/1,000 SF |
| Zoning | commercial |
ABOUT 1956-1962 IUKA AVE , COLUMBUS, OH 43201
INCREDIBLE INVESTMENT OPPORTUNITY! The subject property, located at The Ohio State University, offers the investor the rare opportunity to purchase a 65 bed student housing facility near the third largest university in the country. With the Columbus campus enrollment over 59,000 students and the close proximity to downtown Columbus and the Short North arts district, this property is well positioned for current and continued success. The property was recently completely renovated with new roof, windows, parking lot, electrical, plumbing, HVAC, fire alarms,sprinkler system, flooring, drywall, paint, kitchens, bathrooms and bedrooms. Torn down to the block walls, the property is now in like-new condition. The property is also fully furnished with new furniture is 2016 and is eligible for sophomore living under Ohio State’s new regulations. Recently the tenant extended their lease for an additional 5 years for a total of 6 years remaining. The tenant just added its largest pledge class with over 49 new members, bringing the organization to over 100 members. Do not disturb the tenants! Showings by appointment.
PROPERTY TAXES
| Parcel Number | 010-046240 | Improvements Assessment | $449,720 |
| Land Assessment | $112,350 | Total Assessment | $562,070 |
PROPERTY TAXES
