1898 Baldwin Rd, Reynoldsburg, OH 43068

24 Unit Apartment Building | $3,000,000 ($125,000/Unit) | Reynoldsburg, OH 43068

Asking Price $3,000,000

Property Type: Multifamily
Square Feet: 20,800 SF

Listing Contacts

Martha Hunley

Verified Profile

Tracy Keffer

Verified Profile

Property Info

Property Overview

PLEASE READ THE LATEST LOAN DETAILS FROM THE MARKETING BROCHURE. Opportunity to own a cash flowing stable investment of this 24 units apartment in Reynoldsburg. The property consists of 6 buildings with a unit mix of one 3 beds 1.5 baths and 23 units of 2 beds 1.5baths. The property went through a stabilized process to have a good management team, good tenants, separate water readings, all rent ready conditions and increased tenant satisfaction with a camera system for common areas, maintained cleanliness and on time landscaping. Assumable Loan at 3.78% interest. Current Property Management willing to stay. Perfect Candidate for 1031 Exchange. One rental unit available(UNIT 1892) for showing until we refill the tenant. Please do not disturb the tenants from the 23 unit. Schedule with showingtime to show the unit.

Property Details

Class: C
Year Built: 1967
Stories: 2
Units: 24

Highlights

24 units with unit mix: 1 unit: 3 beds 1.5 baths / 23 units: 2 beds 1.5 baths
Most of units are updated and at market rent with stable tenants
Professional property management in place and can stay with new ownership
Cash flowing property
Perfect candidate for 1031 Exchange

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