OHIO’s MOST TRUSTED COMMERCIAL REAL ESTATE INVESTMENT ADVISOR
North Sylvan Apartments 36 UNITS
Asking Price: $1,600,000
North Sylvan Apartments – A Thirty-Six  100% occupied Unit complex located in the Columbus, Ohio Market. This property is comprised of twenty-four  1BR|1BA & twelve  2BR|1BA units within three  buildings. Each unit has separate utilities and the tenants are responsible for heat and electric while the landlord is responsible for water. This complex has a central HVAC system throughout with 23 of the A/C units being replaced within the past five  years. The pitched shingled roof has been replaced within the last eight  years.
There is ample off-street parking [46 parking spots] for each tenant with a private parking lot. Each building contains owner owned Coin Laundry operations on-site, as well as individual washer and dryer hookups in each unit. The property contains storage units for tenant use in the basement which could generate potential additional income. There is an opportunity to increase rents and bring them up to market creating a value add opportunity for any investor coming in.