6196 Ambleside Dr | Columbus, OH 43229
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6196 Ambleside Dr
Columbus, OH 43229
Ambleside Commons · Multifamily Property For Sale
·
80 Units
Investment Highlights
- 8.8% Stabilized Cap Rate with Proven Rental Upside
- Significant upside potential by optimizing operations, upgrading remaining units, and converting the leasing office into a revenue-generating unit
- Spacious 2-bedroom, 1-bath townhomes averaging 1,050 square feet, complete with in-unit full-size washer/dryers and a rare basement feature
- Ability to increase revenue by marking rents up to market on new leases and as leases rollover
- Recent improvements - new parking lot, fresh exterior paint, updated lighting, mailbox banks and approximately 50% of the units have been upgraded
- Situated in a highly desirable Columbus location convenient to major interstates, amenities and employment
Property Facts
| No. Units | 80 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 1964 |
| Building Size | 84,000 SF |
| No. Units | 80 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Building Size | 84,000 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1964 |
Property Taxes
| Parcel Number | 010-135350 | Improvements Assessment | $273,280 |
| Land Assessment | $75,500 | Total Assessment | $348,780 |
Property Taxes
Parcel Number
010-135350
Land Assessment
$75,500
Improvements Assessment
$273,280
Total Assessment
$348,780
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