Grandview Multifamily Portfolio

827-833 Northwest Boulevard Grandview Heights, OH 43212

827-833 Northwest Boulevard, Grandview Heights, OH, 43212
827-833 Northwest Boulevard, Grandview Heights, OH, 43212 827-833 Northwest Boulevard, Grandview Heights, OH, 43212 827-833 Northwest Boulevard, Grandview Heights, OH, 43212 827-833 Northwest Boulevard, Grandview Heights, OH, 43212 827-833 Northwest Boulevard, Grandview Heights, OH, 43212 827-833 Northwest Boulevard, Grandview Heights, OH, 43212 827-833 Northwest Boulevard, Grandview Heights, OH, 43212 827-833 Northwest Boulevard, Grandview Heights, OH, 43212 827-833 Northwest Boulevard, Grandview Heights, OH, 43212
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,380,000
Last Verified:
Apr 24, 2024

Highlights

  • 100% Occupied 12-Unit Portfolio
  • 4 Multifamily Buildings Within 1/2 Mile
  • Exceptionally Maintained Assets
  • Strong Market Demographics
  • Turnkey Cashflow Producing Portfolio
  • Centrally Located to Major Highways & Downtown Columbus

Description

*Curb offers only. DO NOT DISTURB TENANTS.*

On behalf of our client, NAI Ohio Equities is pleased to present a 4-Building Multifamily Portfolio located in Grandview Heights, Ohio. The portfolio consists of 4 multifamily properties consisting of a total of 12 units, all located within approximately half a mile of each other. The properties are 100% occupied and have been exceptionally well maintained during the current owners hold period.
The portfolio offers tremendous value as there are long-term, stable tenants, mostly below-market rents, and major capital expenditures already completed; allowing investors a clear path for both short- and long-term returns.

Grandview Heights is a highly-sought after community in Central Ohio with strong demographics, exciting amenities, a great dining scene, and conveniently located to major highways and downtown Columbus. Don't sleep on your opportunity to invest in this prime neighborhood!

The portfolio consists of 4 multifamily properties in Grandview Heights, all located within approximately half a mile of each other. Located just west of Grandview Yard in a heavy residential area, these multifamily properties are located in a prime neighborhood with easy access to amenities, highways, and downtown Columbus.

Building Size: 12494sq ft
Lot Size: 0 acres

Map of 827-833 Northwest Boulevard, Grandview Heights, OH, 43212

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.