667 Brent Boulevard, Columbus, OH 43228 (MLS# 212017482)

667 Brent Boulevard, Columbus, OH 43228

$2,180,000

Property Type: Multi-Family Lot Size (sq. ft.): 242,629 Status: Closed

Current Price: $2,180,000 List Date: 5/22/2012 Last Modified: 1/07/2025

Overview

Description

Brittany Hills Apartments - 96 units in 3 Bldgs. on 5.5 acres - **Please do not disturb tenants or on site management** 78 - 2 BRs ($465) and 18 - 3 BRs ($555). 96%occupancy. On site rental/mgmt office and full time maintenance. Gross potential income of $555,120 !! priced to sell at 9% cap rate. Located just off of Sullivant and close to new casino. Over $225,000 in NOI !! Tenants pay all utilities, laundry rooms in all 3 buildings. Rare find ! priced at $25,260/unit !!!

Listing Details MLS# 212017482

Location Property Info

Original List Price: 2425000
Property Sub Type: Midrise
Street #: 667
Street Name: Brent
Street Suffix: Boulevard
County: Franklin
State: OH
Zip Code: 43228
Subdiv/Cmplx/Comm: Brittany Hills Apartments
School District: SOUTH WESTERN CSD 2511 FRA CO.
Township: None

OfficeContract Info

MLS Entry Date: 2012-05-22

General Property Info

Number of Units: 96
# of Buildings: 3
Total Parking: 149
Building Sqft: 78954
Year Built: 1973
Built Prior to 1978: Yes
Occupancy Rate: 96
Lot Size (Side): 240
Acreage: 5.57

Tax Info

Parcel #: 570-110009
Zoning: Multi
Mult Parcels/Sch Dis: No
Assessment: None Known
Tax Year: 2010
Taxes (Yrly): 52011.88

Status Change Info

Under Contract Date: 2012-06-12
Sold Date: 2012-08-06
Sold Price/SqFt: 75.4

2 Bedroom

2 Bedroom # of Units: 78
2 Bedroom Month Rent Per Unit: 465

More Information

3 Bedroom

3 Bedroom # of Units: 18
3 Bedroom Month Rent Per Unit: 555

Financials

Financials ForYearOf: 2011
Gross Rental Income: 508380
Effective Income: 508380

Expenses

R.E. Taxes: 27096
Property Insurance: 12183
Repairs&Maintenance: 49522
Electricity Expense: 44889
Accounting & Legal: 7166
Advert/Lic/Permits: 4346

Auction Info

Auction/Online Bidding Y/N: No

Lease Information

Was Leased: No

Location & Property Info

List Price/SqFt: 83.88
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Dist To Intersxn: 0.25

Office/Contract Info

For Sale: Yes
Exchange: No

Remarks & Misc

Property Description: Brittany Hills Apartments - 96 units in 3 Bldgs. on 5.5 acres - **Please do not disturb tenants or on site management** 78 - 2 BRs ($465) and 18 - 3 BRs ($555). 96%occupancy. On site rental/mgmt office and full time maintenance. Gross potential income of $555,120 !! priced to sell at 9% cap rate. Located just off of Sullivant and close to new casino. Over $225,000 in NOI !! Tenants pay all utilities, laundry rooms in all 3 buildings. Rare find ! priced at $25,260/unit !!!

Income/Expenses

Gross Income: 508380
Net Operating Income: 225531
Total Expenses: 282849

Addl Acceptance Cond

None Known: Yes

Construction

Block: Yes
Brick: Yes

Heat Fuel

Gas: Yes

Parking Features

Common: Yes

Services Available

Electricity Available: Yes
Sewer Available: Yes
Storm Sewer: Yes
Water Available: Yes

Miscellaneous

Public Transport: Yes
Security System: Yes

Tenant Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes
Electricity: Yes

Heating

Forced Air: Yes

New Financing

Conventional: Yes

Air Conditioning

Central Air: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known Parking Features: Common Tenant Pays: Electricity; Sewer; Trash Collection; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Block; Brick Services Available: Electricity Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Public Transport; Security System New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided

Listing Office: Howard Hanna Real Estate Svcs

Listing Agent: Gregory J Hrabcak

Last Updated: January - 07 - 2025

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