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2031-2033 W Broad St
Columbus, OH 43223
Broadway Court Apartments · Multifamily Property For Sale
·
30 Units
INVESTMENT HIGHLIGHTS
- 30 units across two adjacent multifamily buildings with a balanced one- and two-bedroom mix
- Secured tenant access and off-street parking for resident convenience
- Prime West Broad Street location with excellent highway and transit access
- Upgraded interiors in select units (floors, kitchens, baths, mechanicals)
- Strong rental upside & value-add potential with stable long-term cash flow
- Minutes to Downtown Columbus, Hollywood Casino, parks, and key employment centers
EXECUTIVE SUMMARY
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
PROPERTY FACTS Under Contract
| Price Per Unit | $78,111 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 10.02% | Building Size | 23,290 SF |
| No. Units | 30 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 0.43/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price Per Unit | $78,111 CAD |
| Sale Type | Investment |
| Cap Rate | 10.02% |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 23,290 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 0.43/1,000 SF |
| Opportunity Zone |
Yes |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 18 | - | 910 |
| 1+1 | 12 | - | 585 |
PROPERTY TAXES
| Parcel Number | 010-006938 | Improvements Assessment | $308,289 CAD |
| Land Assessment | $27,904 CAD | Total Assessment | $336,193 CAD |
PROPERTY TAXES
Parcel Number
010-006938
Land Assessment
$27,904 CAD
Improvements Assessment
$308,289 CAD
Total Assessment
$336,193 CAD
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