PLEASE READ THE LATEST LOAN DETAILS FROM THE MARKETING BROCHURE. Opportunity to own a cash flowing stable investment of this 24 units apartment in Reynoldsburg. The property consists of 6 buildings with a unit mix of one 3 beds 1.5 baths and 23 units of 2 beds 1.5baths. The property went through a stabilized process to have a good management team, good tenants, separate water readings, all rent ready conditions and increased tenant satisfaction with a camera system for common areas, maintained cleanliness and on time landscaping. Assumable Loan at 3.78% interest. Current Property Management willing to stay. Perfect Candidate for 1031 Exchange. 100% Leased. No Showings allowed.
Reynoldsburg is located in Ohio. Reynoldsburg, Ohio has a population of 37,189. Reynoldsburg is more family-centric than the surrounding county with 30.81% of the households containing married families with children. The county average for households married with children is 30.4%.
The median household income in Reynoldsburg, Ohio is $64,220. The median household income for the surrounding county is $56,319 compared to the national median of $57,652. The median age of people living in Reynoldsburg is 36.1 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 22.6 degrees. The average rainfall is approximately 40 inches per year, with 26.7 inches of snow per year.