Riverview Apartments 2 Multifamily Properties Offered at $7,870,005 CAD in Columbus, OH

INVESTMENT HIGHLIGHTS

  • Newly renovated Riverview Apartments
  • Each one- and two-bedroom unit has been completely updated with high-end finishes
  • Situated just minutes from Ohio State University with easy access to campus, downtown Columbus, shopping, dining, and major highways
  • Located in an Opportunity Zone

EXECUTIVE SUMMARY

Discover Riverview Apartments, a newly renovated community situated off Olentangy River Road, just minutes from Ohio State University, one of the largest universities in the country. This prime location provides easy access to campus, downtown Columbus, shopping, dining, and major highways. Each one- and two-bedroom unit has been completely updated with high-end finishes, including granite countertops, new flooring, modern cabinetry, upgraded lighting, and in-unit washer and dryers for ultimate convenience. Designed to appeal to students and young professionals, Riverview Apartments offer both comfort and style in a thriving neighborhood. An exceptional
investment opportunity, Riverview Apartments are in an Opportunity Zone, making buyers eligible for a tax credit equal to 10% of the purchase price. Additionally, below-market rents are currently in place, providing significant upside for organic rent growth. Don’t miss this chance to own prime real estate in a high-demand market. Contact us today for more details or to schedule a tour!

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD)
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

PROPERTY FACTS

Price $7,870,005 CAD
Price / SF $154.57 CAD / SF
Cap Rate 5.96%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 50,916 SF
Total Land Area 1.03 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Riverview Apartments
557 Riverview Dr, Columbus, OH 43202
Multifamily 38,000 SF 1965 -
567-581 Riverview Dr, Columbus, OH 43202 Multifamily 12,916 SF 1965 -
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  • Listing ID: 35238069

  • Date on Market: 2025-03-24

  • Last Updated:

  • Address: Riverview Apartments, Columbus, OH