100 Chittenden Avenue

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100 Chittenden Avenue

Columbus, OH 43201
Asking Price
$7.80M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Columbus Ohio
  • Asset features a total of 34 rental units
  • Property is positioned at 100 Chittenden Avenue
  • Asking price for the building is 7799000 dollars
  • Site resides within the active 43201 zip code
  • Location offers proximity to major Columbus area institutions

What's Special

Columbus serves as a central hub for economic activity in Ohio, driven by a diverse workforce and the significant presence of The Ohio State University. This multifamily asset is situated at 100 Chittenden Avenue in the 43201 zip code, an area consistently characterized by high demand for student and professional housing near the campus district. Comprising 34 units, this apartment building provides a stable foundation for investors seeking to grow their portfolio within a dense urban submarket. The property occupies a strategic position that benefits from the constant inflow of residents attracted to the proximity of local academic and medical institutions. Given the unit mix and established location, the building is well-positioned for consistent occupancy rates and long-term rental income potential. Investors can leverage the dense population metrics of this Columbus neighborhood to maintain a competitive edge in the local residential market.

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NOI
$80,000
Cap Rate
1.03%
DSCR
0.17
Underwater
Cash-on-Cash
-16.37%
Monthly Payment
$38,585.197
Annual Cash Flow
$-383,022.361

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