NOT LISTED FOR SALE

231 W Coshocton St Johnstown, OH 43031

40 Beds
-- Bath
24,192 Sq Ft
2.41 Acres

Last Sold February 18, 2022

Last sale price $2,541,000 $105 Per Sq Ft

20 Days on Market

About This Home

As of February 2022

The Woodgate Apartments is a 41-unit cardinal style apartment community in Johnstown, Ohio, that sits on 2.41
acres. With easy access to highway US-62, the apartment community provides residents easy access to employment hubs, entertainment and necessities all around the
Columbus MSA.

The property has been exceptionally well-maintained which has resulted in 100% occupancy rates with long-term tenants in place. New ownership can benefit from
limited deferred maintenance, stable tenants and ability to assume in-place property management team for an easy
transition to an income producing asset.

Last Agent to Sell the Property

Carter Stephens

NAI Ohio Equities, Realtors Listed on: 12/21/2021

Last Buyer's Agent

Carter Stephens

NAI Ohio Equities, Realtors Listed on: 12/21/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,921

Year Built

  • Built in 1973

Lot Details

  • 2.41 Acre Lot

Home Design

  • 24,192 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 053-180588-00.000

Community Details

Overview

  • 41 Units

Building Details

  • Operating Expense $88,800
  • Gross Income $283,111
  • Net Operating Income $194,310

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,921

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1973
  • Tax Year: 2020
  • Property Sub-Type: Apartment
  • Lot Size Acres: 2.41
  • Total Gross Income: 283111.0
  • Co List Office Phone: 614-224-2400
  • MLS Status: Closed
  • Income Expenses Gross Income: 283111.0
  • Annual Expenses: 88800.0
  • General Property Info Building Sq Ft: 24192.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: JOHNSTOWN MONROE LSD 4503 LIC CO.

Lot Info

  • Parcel Number: 053-180588-00.000
  • Lot Size Sq Ft: 104979.6
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 41
  • Net Operating Income: 194310.0
  • Annual Operating Expense: 88800.0

Tax Info

  • Tax Annual Amount: 18921.0

Range of Values:

Collateral Analytics

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Average Value
Not Available
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 List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $2,541,000 -6.1% $105 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $2,706,000 -- $112 / 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: 221048208

Columbus and Central Ohio Regional MLS