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The Oaks 143 Sherman Ave

15 Unit Apartment Building $3,900,000 ($260,000/Unit) 6.40% Cap Rate Columbus, OH 43205

Apartment Buildings Ohio Columbus 143 Sherman Ave, Columbus, OH 43205

Investment Highlights

  • Amenities: In-Unit Washer/Dryers, New Appliances, Updated Electrical and Plumbing, New HVACs and Water Heaters, Electricity is Separately Metered.
  • Condition: Move-in ready with high-end touches from top to bottom.
  • Individual Units: Each unit is individually parceled, providing future owners with exceptional flexibility for investment strategies.
  • Renovation Quality: The entire building has undergone comprehensive renovations with premium finishes and modern amenities.
  • Location: The property is conveniently located to nearby hospitals, Nationwide, Ohio State University, and many other businesses.
  • Unit Breakdown: The property features a strategic mix of one-bedroom, two-bedroom, and three-bedroom units, catering to a broad range of tenants.

Executive Summary

Broker of Record
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Attachments

The Oaks - Columbus

Property Facts

Price $3,900,000 Apartment Style Low Rise
Price Per Unit $260,000 Building Class B
Sale Type Investment Lot Size 0.11 AC
Cap Rate 6.40% Building Size 16,777 SF
No. Units 15 No. Stories 3
Property Type Multifamily Year Built/Renovated 1923/2024
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.
Price $3,900,000
Price Per Unit $260,000
Sale Type Investment
Cap Rate 6.40%
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.11 AC
Building Size 16,777 SF
No. Stories 3
Year Built/Renovated 1923/2024
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.

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Links

1 of 1
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(330) 600-1044

Contacts

  • Listing ID: 33056913

  • Date on Market: 9/4/2024

  • Last Updated:

  • Address: 143 Sherman Ave, Columbus, OH 43205

More public record information on 143 Sherman Ave, Columbus, OH 43205

The Downtown East Multifamily Property at 143 Sherman Ave, Columbus, OH 43205 is currently available. Contact Matthews Real Estate Investment Services for more information.

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The Oaks | 143 Sherman Ave
(330) 600-1044 x

The Oaks | 143 Sherman Ave

1/3

Joey Miller

(330) 600-1044

(330) 600-1044

Jared Leikin

(216) 870-0968

(216) 870-0968

Matthew Wallace

(216) 220-8860

(216) 220-8860

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