5565 Autumn Chase Drive, Columbus, OH 43232 (MLS# 214010294)

$4,950,000

5565 Autumn Chase Drive
Columbus, OH 43232
MLS# 214010294
Status: Closed

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Property Description
EXTENDED STAY COMMUNITY 48 studio units @$1050/month 28 I bedroom townhouses @ 1,300/month Fully furnished, all utilities included, 40 covered parking spaces Includes: 1) real estate 2) FF&E 3) business plan

Details

Location & Property Info

Original List Price: 4950000

Sold Price: $4,750,000

List Price/SqFt: 434.21

Sub-Type: Combination

Street #: 5565

Street Name: Autumn Chase

Street Suffix: Drive

County: Franklin

City (Mailing Addr): Columbus

State: OH

Zip Code: 43232

Subdiv/Cmplx/Comm: MFA Communities at Autumn Chase

School District: COLUMBUS CSD 2503 FRA CO.

Dist To Intersxn: 0.75

Corp LimitPerAuditor: Columbus

Township: None

Office/Contract Info

Buy Brkr/Tenant Rep: Yes

BB/TR Amount: 1.5

BB/TR Amount Type: Percent

Sub Agency: No

Sold Non-MLS: No

Status: Closed

MLS Entry Date: 2014-01-01

For Sale: Yes

Exchange: No

General Property Info

Number of Units: 76

# of Buildings: 7

Total Parking: 115

Building Sqft: 11400

Year Built: 1987

Built Prior to 1978: No

Occupancy Rate: 100

Acreage: 3.37

Assoc/Condo Fee: 10

Use Code: 411 - HOTELS

Tax Info

Parcel #: 205704

Zoning: AR1

Mult Parcels/Sch Dis: No

Tax Year: 2013

Taxes (Yrly): 69749

Status Change Info

Under Contract Date: 2014-02-18

Sold Date: 2014-06-16

Sold Price: $4,750,000

Sold Price/SqFt: 416.67

Income/Expenses

Gross Income: 910000

Net Operating Income: 410000

Total Expenses: 500000

Efficiency

Efficiency # of Units: 48

Efficiency Month Rent Per Unit: 1050

1 Bedroom

1 Bedroom # of Units: 28

1 Bedroom Month Rent Per Unit: 1300

Financials

Financials ForYearOf: 2013

Gross Rental Income: 104160

Other Income: 15000

Property Features

Addl Acceptance Cond: None Known

Parking Type: 3 Carport +; Common Area

Owner Pays: Electric; Sewer; Trash; Water

Construction: Brick; Frame

Services Available: Electric; Sanitary Sewer; Storm Sewer; Water

Miscellaneous: Building Plans; Carports; Public Transport; W/D Hookups

New Financing: Conventional

MLS Primary PhotoSrc: Realtor Provided

Printing Services: No Printing Services

Listing Office: Grabill & Company, LLC.

Listing Agent: Steven Mauger

Last Updated: April - 29 - 2022

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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