1890-1892 Hillandale Avenue

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1890-1892 Hillandale Avenue

Columbus, OH 43229
Asking Price
Contact for price
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.
  • Property consists of two individual residential units.
  • Located within the 43229 ZIP code region.
  • Asset type suitable for residential investment purposes.
  • Columbus provides a stable market for apartment rentals.

What's Special

This multifamily apartment building at 1890-1892 Hillandale Avenue in Columbus, Ohio, consists of two units. Situated in a suburban area of the state capital, the property is positioned to serve individuals or small families seeking residential space within this established market. Columbus benefits from a robust regional economy supported by a diverse base of education, healthcare, and logistics employers, maintaining consistent demand for rental housing across the metropolitan area. The asset provides a straightforward acquisition for investors focused on adding small-scale residential holdings to their portfolio. With its configuration as a two-unit property, it functions effectively as a manageable investment asset suitable for direct oversight. Proximity to local transportation networks allows for efficient access to the broader Columbus region, making it a functional residential location for tenants commuting throughout the central Ohio area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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