5596 Autumn Chase DrColumbus, OH 43232

This exceptional investment opportunity presents a 76-unit apartment building located at 5596 Autumn Chase Drive, Columbus, Ohio, 43232. The property, built in 1987 and renovated in 2011, boasts a total of 49,400 square feet situated on a generous 3.37-acre lot (146,797.2 sq ft). The unit mix includes 48 studios and 28 one-bedroom, one-bathroom apartments. Currently operating at 73% occupancy, this property offers significant potential for increased revenue. Each unit features individual PTAC heating and cooling systems, with tenants responsible for electricity. Water is covered by the owner. In-unit washer/dryer hookups are provided for tenant convenience. Ample parking is available, including 40 carports. The asking price for this multifamily asset is $5,000,000, translating to a price per square foot of $657.89. This represents a compelling opportunity to acquire a well-located, established apartment complex in a growing Columbus market. The property's strong fundamentals, combined with its potential for increased occupancy and rental rates, make it an attractive investment prospect. This is a court-appointed receiver sale.