1072 Forest Street, Columbus, OH 43206

Property Description

Unique VALUE ADD opportunity in Southern Orchards consisting on 8 1-Bedroom apartments, a 1,100sf detached garage currently rented as storage and a private 8 car parking lot. In-place gross rents: $8,563 for the apartments and $500 for the garage. 4/8 units have been renovated to include new stainless appliances, new cabinets, countertops, bathroom fixtures and flooring throughout. Tenants have access to shared laundry in basement, which provides additional income for landlord. Opportunity to further enhance value by submetering utilities. Great opportunity to capitalize on the growth on Nationwide Children's Hospital prior to completion of construction.