Blacklick Estates Apartment
For Sale
$2,595,000
4496 Reinbeau Drive, Columbus, OH 43232
41-unit apartment complex with high rental demand and upside potential.
Property Size3,456 SF
Price / SF$750.87
Days on Market769
Property Features for 4496 Reinbeau Drive
General Information
Standard status
Active
Size
3,456 SF
Property subtype
Multi-Family / Apartment
Net Operating Income
$188,291
Taxes and HOA fees
Annual Taxes
$32,936
Amenities
Other
Radiant
Electric
Yes
Building Details
Year Built
1973
Listing Agency:
Thomas Fortin & Company LLC.
Listed By:
Robert Baskent · License #2026000592
(614) 348-7876
Source:
Compass
Added: Jul 27, 2024
Changed: Sep 2
Last Checked: Sep 1 at 11:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thomas Fortin & Company LLC.
Investment Insights
Based on property information with market context.
This 41-unit apartment complex, constructed by Cardinal Industries, features a ranch-style design with private entries and patios. The property includes 33 one-bedroom, one-bath units with an average size of 576 square feet and an average rent of $675. There are also three two-bedroom, one-bath units measuring 864 square feet with an average rent of $725, four studio apartments with one bath at 288 square feet averaging $575 in rent, and one three-bedroom, one-bath unit of 1152 square feet renting for $795. The property also has a rental office and storage unit. Paved parking is available. Located near conveniences in Blacklick Estates, Ohio, the property offers upside potential for additional income.
Key Highlights
- High rental demand
- 41 apartments each featuring private entries and patios
- Low maintenance interiors
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Explore this area
Business Placement
Demographics for 43232, OH
44,823
Population
20,211
Households
2.2
Avg Household Size
35
Median Age
18%
College-Educated
86%
High-School Grad
12.4 sq mi
ZIP Area
3,615
Density / Sq Mi
$50,599
Median Household Income
$37,156
Median Earnings
$1,048
Median Rent
$152,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 41-unit apartment complex with high rental demand and upside potential.
Where is this apartment building located?
The property is located at 4496 Reinbeau Drive Columbus, OH.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: High rental demand; 41 apartments each featuring private entries and patios; Low maintenance interiors
