3400 Camp Chase Drive, Columbus, Ohio
3400 Camp Chase Drive, Columbus, Ohio 43204 - 18 - 1 Bedroom units at NE corner of Camp Chase Drive and Derrer Road. 6 units 1 Bedroom units per floor - 2.5 story garden design. *Cash Flow* 2,619 SF per floor totaling 7,857 SF on .41 acres (2 parcels). Current rents are $500/month/unit for potential gross income annually of $108,000. Currently 90% occupied and generally fill quickly. Same ownership 50 plus years/retiring. Rents generally are $450 - $500/unit. Located near Great Western Shopping Center @ Wilson and West Broad. **Outstanding cash flow estimated 9.5% Cap Rate with 40% operating expenses!* Tenants pay electric and gas. parking rear of units. All units have window/sleeve air conditioning units. Excellent opportunity for new owner and priced to sell at $675,000!! First time on market since built 50 plus years same owner!!
Listing Courtesy of Gregory J Hrabcak (614) 906-2227 - HER, Realtors (614) 471-7400
“The Parrett Group was amazing to deal with. They always went above the call of duty and were helpful before we listed, durring the sales process and after closing to ensure that we were completely satisfied. Anyone buying or selling a home in The Parrett Group's territory that uses another agent is wasting their time and money.”