667 Brent Boulevard, Columbus, OH 43228

$2,180,000
Property Type: Multi-Family Lot Size (sq. ft.): 242,629 Status: Closed
Current Price: $2,180,000 List Date: 5/22/2012 Last Modified: 1/07/2025

Overview

Description

Brittany Hills Apartments - 96 units in 3 Bldgs. on 5.5 acres - **Please do not disturb tenants or on site management** 78 - 2 BRs ($465) and 18 - 3 BRs ($555). 96%occupancy. On site rental/mgmt office and full time maintenance. Gross potential income of $555,120 !! priced to sell at 9% cap rate. Located just off of Sullivant and close to new casino. Over $225,000 in NOI !! Tenants pay all utilities, laundry rooms in all 3 buildings. Rare find ! priced at $25,260/unit !!!

Listing Details MLS# 212017482

Location Property Info

Original List Price
2425000
Property Sub Type
Midrise
Street #
667
Street Name
Brent
Street Suffix
Boulevard
County
Franklin
State
OH
Zip Code
43228
Subdiv/Cmplx/Comm
Brittany Hills Apartments
School District
SOUTH WESTERN CSD 2511 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2012-05-22

General Property Info

Number of Units
96
# of Buildings
3
Total Parking
149
Building Sqft
78954
Year Built
1973
Built Prior to 1978
Yes
Occupancy Rate
96
Lot Size (Side)
240
Acreage
5.57

Tax Info

Parcel #
570-110009
Zoning
Multi
Mult Parcels/Sch Dis
No
Assessment
None Known
Tax Year
2010
Taxes (Yrly)
52011.88

Status Change Info

Under Contract Date
2012-06-12
Sold Date
2012-08-06
Sold Price/SqFt
75.4

2 Bedroom

2 Bedroom # of Units
78
2 Bedroom Month Rent Per Unit
465

More Information

3 Bedroom

3 Bedroom # of Units
18
3 Bedroom Month Rent Per Unit
555

Financials

Financials ForYearOf
2011
Gross Rental Income
508380
Effective Income
508380

Expenses

R.E. Taxes
27096
Property Insurance
12183
Repairs&Maintenance
49522
Electricity Expense
44889
Accounting & Legal
7166
Advert/Lic/Permits
4346

Auction Info

Auction/Online Bidding Y/N
No

Lease Information

Was Leased
No

Property Features

Addl Acceptance Cond: None Known Parking Features: Common Tenant Pays: Electricity; Sewer; Trash Collection; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Block; Brick Services Available: Electricity Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Public Transport; Security System New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard Hanna Real Estate Svcs
Listing Agent: Gregory J Hrabcak
Last Updated: January - 07 - 2025
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