Corporate-Leased Apartment Complex near Children's Hospital

Description

Now available for sale, this 10-unit apartment complex located at 369 S 17th St presents a lucrative investment opportunity.

Owner will entertain all offers including creative financing.

The property is 100% occupied, primarily under corporate or agency leases, which ensures a stable tenant base with minimal turnover and yields a 7.2% cap rate.

These well-maintained units require no immediate repairs, and there's an opportunity to retain the current management to ensure a seamless transition and ongoing operational efficiency.

Strategically situated across from Nationwide Children's Hospital, the property benefits from excellent accessibility to Downtown Columbus and major thoroughfares like E Main St, E Livingston Ave, I-70, and I-71. This location not only enhances tenant appeal but also ensures sustained demand.

Additional features include ample parking and great curb appeal, making this property an attractive and hassle-free addition to any real estate portfolio.

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