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Linview Apartments 2865 Linview Ave 24 Unit Apartment Building $1,550,000 ($64,583/Unit) Columbus, OH 43211
INVESTMENT HIGHLIGHTS
- Garden–style multifamily (1970 vintage) — allows for interior renovation focus rather than heavy structural replacement
- Operations upside: implementing utility pass-throughs (RUBS) or resident-paid water/sewer/garbage (if feasible)
- Parking & access: surface parking likely (given garden style) + straightforward access to Columbus roads (to be verified on property survey)
- Value-add potential: Mark-to-market rents, upgrade interiors (flooring, lighting, appliances), reduce loss to lease
- Exit strategy: 24-unit size appeals to private investors/1031 buyers, good scale for regional multifamily deals
EXECUTIVE SUMMARY
Broker of Record
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
PROPERTY FACTS
| Price | $1,550,000 | Building Class | C |
| Price Per Unit | $64,583 | Lot Size | 0.79 AC |
| Sale Type | Investment | Building Size | 24,116 SF |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Parking Ratio | 1.08/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $1,550,000 |
| Price Per Unit | $64,583 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 24,116 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.08/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 24 | - | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $289,000 | |
| Land Assessment | $59,990 | Total Assessment | $348,990 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$59,990
Improvements Assessment
$289,000
Total Assessment
$348,990
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Linview Apartments | 2865 Linview Ave
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