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Broadwin Apartments 1312 E Broad St

60 Unit Apartment Building $2,500,000 ($41,667/Unit) Columbus, OH 43205

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Investment Highlights

Unique investment opportunity in the heart of Columbus
Endless opportunities

Located in an opportunity zone

Executive Summary

Rare multi-family, condo or hospitality opportunity in the heart of Columbus! Less than 5 minutes to downtown! Historic tax credits were previously approved for the project as well as the potential for other abatements. Also, the building is located in an opportunity zone which offers potential investors opportunity zone tax benefit options. 50 condo units were previously designed for the property. Opportunities are endless for this trophy property in one of the fastest growing cities in the Midwest. The property is in shell condition and will take a complete renovation.

Broad Street E 1312

Property Facts

Price	$2,500,000	Building Class	C
Price Per Unit	$41,667	Lot Size	0.73 AC
Sale Type	Investment	Building Size	87,771 SF
Sale Conditions	Building in Shell Condition	Average Occupancy	0%
No. Units	60	No. Stories	8
Property Type	Multifamily	Year Built	1924
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Mid Rise

Price	$2,500,000
Price Per Unit	$41,667
Sale Type	Investment
Sale Conditions	Building in Shell Condition
No. Units	60
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.73 AC
Building Size	87,771 SF
Average Occupancy	0%
No. Stories	8
Year Built	1924
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.