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618 Neil Avenue
Columbus, OH 43215
Asking Price
$1.68M
Asset Type
School Special-purpose
Class
Class B
What's Special
Special Purpose | 18,416 SqFt <ul><li>Built in 1900</li><li>Two story event space with lower level cocktail lounge/speakeasy</li><li>Located in Victorian Village, immediately outside the Arena District and Short North submarkets.</li><li>Short walk to downtown and Arena District sporting venues, concerts and other events</li><li>Located just off I-670 with great signage opportunity</li><li>1 block from Goodale Park at intersection of Neil and Goodale Avenue</li><li>10,700+ vehicles per day at intersection</li><li>Cur
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NOI
$80,000
Cap Rate
4.78%
DSCR
0.80
Underwater
Cash-on-Cash
-3.87%
Monthly Payment
$8,286.986
Annual Cash Flow
$-19,443.833
