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The Broad 595 E Broad St 18 Unit Apartment Building $3,200,000 ($177,778/Unit) Columbus, OH 43215
Executive Summary
Stately building located in the heart of Downtown Columbus, Ohio. 18 total units with (1) studio and (17) 1 bedroom, 1 full bath floor plans all with off street parking. Originally built in 1915 using all brick construction and recently renovated in 2022 with top of the line finishes, and opportunity to value add by establishing tenant amenities. Urban living at its finest. Improvements include but not limited to a new roof, new windows, installation of a sprinkler system, luxury level finishes, addition to the rear of the building, and grand entryway featuring limestone accents. Entire building is submetered for water, electric and gas. Tax abated through 2034.
Property Facts
| Price | $3,200,000 | Building Class | C |
| Price Per Unit | $177,778 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 9,672 SF |
| No. Units | 18 | Average Occupancy | 85% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1915/2022 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.86/1,000 SF |
| Zoning | DD | ||
| Price | $3,200,000 |
| Price Per Unit | $177,778 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 9,672 SF |
| Average Occupancy | 85% |
| No. Stories | 3 |
| Year Built/Renovated | 1915/2022 |
| Parking Ratio | 1.86/1,000 SF |
| Zoning | DD |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Heating
- Refrigerator
- Oven
- Sprinkler System
- Views
- Intercom
- Wheelchair Accessible (Rooms)
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Tenant Controlled HVAC
- Lounge
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 340 |
| 1+1 | 17 | - | 420 - 430 |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 010-000121 | Improvements Assessment | $849,380 |
| Land Assessment | $134,050 | Total Assessment | $983,430 |
Property Taxes
Parcel Number
010-000121
Land Assessment
$134,050
Improvements Assessment
$849,380
Total Assessment
$983,430
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