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Thomas Fortin & Company

Properties For Sale
Quaker Village Apartments
Thomas Fortin & Company

Address 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.