For Sale
$2,575,000

4496 Reinbeau DrColumbus, OH 43232

Columbus, OH Multifamily Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
Hamilton Court, a 41-unit apartment building in Columbus, Ohio, presents a compelling value-add investment opportunity. This Class C multifamily property, built in 1973, boasts 3,456 square feet across seven buildings situated on a 2.27-acre lot. Currently operating at 95% occupancy, the property generates a strong Net Operating Income (NOI) of $188,291, yielding a 7.31% cap rate. The asking price is $2,575,000. The unit mix includes 33 one-bedroom, one-bathroom apartments averaging 576 square feet and renting for $675

Property Details for 4496 Reinbeau Dr

Property type
Apartment buildings
Square Feet
3,456 SF
Class
C
Year Built
1973
Buildings
7
Lot Size (sq. ft)
98,881 SF
Units
41

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.90641031
Longitude
-82.87981951
4496 Reinbeau Dr, Columbus, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4496 Reinbeau Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message