Address: 369 S 17th St, Columbus, OH 43205, USA
Created date: August 28, 2024
Date last updated: September 3, 2024
Property Description
Now available for sale, this portfolio of 10 condo units located at 369 S 17th St presents a lucrative investment opportunity.
The property is 100% occupied, primarily under corporate or agency leases, which ensures a stable tenant base with minimal turnover and yields a 6.38% 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.