For Sale
$2,575,000

4496 Reinbeau DrColumbus, OH 43232

Columbus, OH Multifamily Value-Add Opportunity

Property records and analytics

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

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Contacts

Thomas Fortin
Thomas Fortin
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4496 Reinbeau Dr, Columbus, Ohio, 43232

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

4496 Reinbeau Dr
  • Thomas Fortin
    Thomas Fortin
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