Quaker Village Apartments
5791-5795-5801-5805 North Meadows Boulevard
(just south of E. Dublin Granville Rd west of I-71)
Columbus, Ohio 43229
Parcel Number
010-134965
Real Estate Taxes
$23,997 per year
Description
Four Buildings – All Brick and
Frame Garden and Townhome Style Apartments. Total 36 Apts.
Good Condition inside and outside. Central A/C
Spacious rooms. Updated kitchen with Appliances range, refrigerator and
Dishwasher. Ceiling fan in dining area. All electric HVAC. Coin Op
Laundries on site owned by Seller
Freshly painted and decorated. Off street
Parking for apprx 40 cars. Great North Columbus rental area
Gross Annual Income $185,000
Total Operating Expenses $70,000 (includes taxes)
Net Operating Income Approximately $115,000
Unit Mix
23 – One Bedroom Garden Apartments @ $385 monthly
13 - Two Bedroom Townhome Apartments @ $500 monthly
Purchase Price
$1,150,000
Financing Terms
Conventional. Cash to Seller
Year Built
1972
General Condition
Good Condition. All brick and frame exteriors. Off
street parking. Well landscaped.
Typical Lease Terms
Gross Leases. Tenants reimburse Owner for all
Utilities
Parking
Paved - On Site.
Management
Professional management available
Disclaimer
This information is provided from the Seller. Operating income and expenses will vary from year to year and change with each Owner. We believe the data is accurate but do not guarantee it accuracy. We recommend all Investors to seek professional advice before the purchase of any investment real estate.
Thomas Fortin & Company Inc
52 Westerville Square, Suite #375
Westerville, OH 43081
Phone: 614.348-7876 Fax: 614.890-1541 E-mail: tom@tomfortin.com