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2743-2767 Eakin Rd
Columbus, OH 43204
Eakin Place TownHomes · Multifamily Property For Sale · 28 Units

PROPERTY FACTS

No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.80 AC
Building Size 29,400 SF
Average Occupancy 93%
No. Stories 2
Year Built/Renovated 1952/2011
Parking Ratio 1.63/1,000 SF
Zoning R4, Columbus

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Hardwood Floors
  • Basement
  • Double Pane Windows

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

ABOUT 2743-2767 EAKIN RD , COLUMBUS, OH 43204

Charles Hart is pleased to present Eakin Place Townhomes, a 28-unit apartment community located in Columbus, Ohio. The property was built in 1952 and is comprised of 6 residential buildings and is nestled on 1.80 acres. Eakin Place Townhomes provides an excellent opportunity to acquire a stable, well-located asset, with very little deferred maintenance and upside potential. Eakin Place Townhomes consists of a two-bedroom townhome floor plan with 1,050 square feet of living space. Unit features include an individual entrance, hardwood floors throughout, a fully equipped kitchen with built-in microwave, unfinished basement, and a washer/dryer included in each unit. Residents are responsible for paying the gas, electric, as well as the water/sewer (via Guardian). The community, which is situated in a park-like setting, offers plentiful surface parking for residents. Eakin Place Townhomes is conveniently located in southwest Columbus between Interstates 70 and 270. With easy access to numerous major thoroughfares, residents are only minutes from the area’s employment, shopping and dining options. Additionally, downtown Columbus, the Ohio State University, and Port Columbus International Airport are within a 15-minute commute. The property will provide strong, immediate cash-flow, but also offers additional upside through continued unit renovations and increased rental rates. Since 2009 more than $325,000 of capital improvements have taken place at the property. This includes new roofs and gutters, refinished hardwood flooring, fencing-in the property, full parking lot replacement, windows, HVAC, adding washer/dryers in each unit, and numerous other capital projects. Offered free and clear of existing debt, an investor can take advantage of the capital markets and secure new financing which will enable strong cash flow with room for continued growth. Eakin Place Townhomes is being offered in conjunction with October Ridge.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 28 $798.00 1,050

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-033395
Land Assessment
$70,560
Improvements Assessment
$196,600
Total Assessment
$267,160
  • Listing ID: 16886282

  • Date on Market: 8/12/2019

  • Last Updated:

  • Address: 2743-2767 Eakin Rd, Columbus, OH 43204

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