NOT LISTED FOR SALE
-- Bed
-- Bath
10,184 Sq Ft
0.34 Acres

Last Sold November 16, 2017

Last sale price $242,142 $24 Per Sq Ft

15 Days on Market

About This Home

As of November 2017

14 unit, 3 building portfolio sale located in Southwestern School District. 2589 Red Rock Boulevard (4 unit), 2583 Red Rock Boulevard, and 1718 River Bend Road (6 unit) to be sold as a package. Currently 100% occupied with monthly rents equal to $8183 per month, or $98,196 on an annualized basis. Package price is $600,000. Taxes most recent year $14,817.84 for entire portfolio. These garden style apartments were built in 1976. Current property management in place. Rent rolls available upon request. Curb offers only. Must have an accepted offer to view units. River Bend property units are all 2 bedroom, 1.5 baths townhouse units. Red Rock (8 units) are all 2 bedroom, 1 baths, flat apartments. Per unit rents average $584.5.

Last Agent to Sell the Property

Robert Ellis

Key Realty Listed on: 08/07/2017

Last Buyer's Agent

Brian Rightler

I Heart Real Estate PM License #2014001793

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.34 Acre Lot

Home Design

  • 10,184 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 570-167896

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $14,818
  • Gross Income $98,196
  • Net Operating Income $98,196

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1976
  • Tax Year: 2016
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.34
  • Total Gross Income: 98196.0
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • Subdivision Name: Riverbend
  • Income Expenses Gross Income: 98196.0
  • Annual Expenses: 14817.84
  • General Property Info Building Sq Ft: 10184.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 570-167896
  • Lot Size Sq Ft: 14810.4

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 98196.0
  • Annual Operating Expense: 14817.84

Tax Info

  • Tax Annual Amount: 6524.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold $242,143 -5.8% $24 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $257,000 -- $25 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217028907

Columbus and Central Ohio Regional MLS