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Alder Grove 32-36 Viotis Dr 20 Unit Apartment Building For Sale Columbus, OH 43228
EXECUTIVE SUMMARY
Alder Grove Apartments represent a charming community in southwest
Columbus. The complex contains 20 one-bedroom, one-bath apartment homes,
each unit measuring 575 square feet. Alder Grove was built in 1965 and has
been well maintained over the years.
Alder Grove has a strong occupancy of 100% and has a strong historical
performance. The property’s rents are significantly below market: the average
rent is $791, while the market rent for this area is $931. Fifteen of the twenty
units have been renovated.
Columbus. The complex contains 20 one-bedroom, one-bath apartment homes,
each unit measuring 575 square feet. Alder Grove was built in 1965 and has
been well maintained over the years.
Alder Grove has a strong occupancy of 100% and has a strong historical
performance. The property’s rents are significantly below market: the average
rent is $791, while the market rent for this area is $931. Fifteen of the twenty
units have been renovated.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.47 AC |
| No. Units | 20 | Building Size | 11,852 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1965 |
| Apartment Style | Low-Rise | Parking Ratio | 1/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | N/Av, Columbus - Residential Commercial Zoning | ||
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.47 AC |
| Building Size | 11,852 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | N/Av, Columbus - Residential Commercial Zoning |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 575 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $205,450 | |
| Land Assessment | $19,050 | Total Assessment | $224,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$19,050
Improvements Assessment
$205,450
Total Assessment
$224,500
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Alder Grove | 32-36 Viotis Dr
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