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2480 ALUM CREEK DR
COLUMBUS, OH 43207-2805
Asking Price
$21.15M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Opportunity Zone | Development Opportunity <p><strong>Approximately 47-acre infill redevelopment opportunity in Columbus, Ohio</strong></p><p><strong>Strategic location with access to I-270, Downtown Columbus, and the Rickenbacker Inland Port</strong></p><p><strong>Potential residential redevelopment supported by available sewer capacity</strong></p><p><strong>Significant value-add and repositioning opportunity through redevelopment or adaptive reuse</strong></p><p><strong>Completed Phase I and Phase II environmental assessments availabl
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NOI
$80,000
Cap Rate
0.38%
DSCR
0.06
Underwater
Cash-on-Cash
-18.53%
Monthly Payment
$104,638.66
Annual Cash Flow
$-1,175,663.922
