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The Oaks For Sale

Market Price

143 - 151 Sherman Avenue, Columbus, OH 43205

Active
Last Updated: 09/05/2024

252,112

NOI

16,777 sqft

Building Size

Details:
NOI:    $252,112
Building Size:    16,777 sqft
Units:    15
Year Built:    1923
Price Per Unit:    $1,118
Zoning:    Condo 4-19 Rental Units
Floors:    3
Year Last Renovated:    2024
Description:

FULLY RENOVATED PROPERTY:
•Renovation Quality: The entire building has undergone comprehensive renovations with premium finishes and modern amenities, ensuring high appeal to tenants and reducing immediate maintenance concerns.
•Condition: Move-in ready with high-end touches from top to bottom.

INDIVIDUALLY PARCELED UNITS:
•Individual Units: Each unit is individually parceled, providing future owners with exceptional flexibility for investment strategies, including separate sales.

PROFESSIONAL PROPERTY MANAGEMENT:
•Current Management: The property is being professionally managed by a reputable firm with a strong track record.
•Management Continuity: Current management is willing to continue, ensuring a smooth transition and ongoing operational efficiency. •Tenant Placement: Currently vacant and actively being professionally leased up, this property offers a prime opportunity to prioritize selective tenant screening.

DIVERSE UNIT MIX:
•Unit Breakdown: The property features a strategic mix of one-bedroom, two- bedroom, and three-bedroom units, catering to a broad range of tenants and enhancing rental income potential.
•Market Demand: This diverse mix aligns with the increasing demand for versatile living spaces in the area.

Map:
Documents:
Title
Offering Memorandum
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Location
Gallery