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40 W 3rd Ave
Columbus, OH 43201
40 West · Multifamily Property For Sale · 16 Units

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.11 AC
Building Size 19,252 SF
No. Stories 4
Year Built 2015
Parking Ratio 1.03/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Walk-In Closets
  • Carpet
  • Island Kitchen
  • Loft Layout
  • Patio
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Controlled Access
  • Bicycle Storage

ABOUT 40 W 3RD AVE , COLUMBUS, OH 43201

40 West is located along West 3rd avenue, one block from the intersection of 3rd and N. High St. This strategic location less than one mile from the city center, and in the heart of the Short North provides residents with an abundance of shopping, entertainment and employement opportunities. This low-rise community was built in 2015 and outfitted with high-end appointments such as: stainless steel appliances, granite counters, LVP flooring, in-unit washer and dryers and a parking garage. Notable for investors is the fact that all utilities at the property are separately metered and the responsibility of the tenant. The unit breakdown at 40 West provides a diverse mix of studio, one and two-bedroom units ranging from 345 to 1,346 square feet, with the penthouse units including an additional half bath. Rental rates at 40 West range from $799 on the low-end to as high as $2,199 for a two-bedroom, two and one half bath unit. More impressive than these Street Rents is the price-per-square foot that this asset commands, which is $1.54 on the low-end and as high as $2.87 per foot on the high-end.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 13 - 323
1+1 1 - 797
1+2 1 - 1,115
2+2 1 - 1,154
  • Listing ID: 17164865

  • Date on Market: 9/11/2019

  • Last Updated:

  • Address: 40 W 3rd Ave, Columbus, OH 43201

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