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Fix&Flip: 240 E. Woodrow Ave, Columbus, OH 43207 - Deal Available

Single Family Investment Opportunity





Acquisition Price

$185,000


4 Bed / 1.5 Bath | 1,472 sq ft | 2 Car Garage


Great opportunity to invest in the booming real estate market of Columbus, OH. This property is located in a solid rental area and is a great candidate for AirBnB. We suggest a moderate renovation in order to bring to an ARV of $300,000. Please submit all offers to sarter@promiselandrealtyllc.com. All showings to be conducted with lockbox access.


Short Term Rental Estimates:

Annual Revenue: $36.7k

Avg Daily Rate: $210 / night

Avg Occupancy: 48%




OFFER DEADLINE: 4/30/2022


EMD: $2,000


PROPERTY PHOTOS:

https://drive.google.com/file/d/11bQKKYBUTVX3kJjNj9mn9g4PWKydyi0Y/view?usp=sharing



Comps:

317 E Morrill Ave, Columbus, OH 43207

3 Bed / 2 Bath | 1,406 sq ft (Garage)

$282,500 | 07/30/21

PPSF: $200.92

------------------------------ 1626 8th St, Columbus, OH 43207

3 Bed / 2 Bath | 1,506 sq ft (Off Street Parking)

$270,000 | 01/07/22

PPSF: $179.28

------------------------------ 113 E Woodrow Ave, Columbus, OH 43207

3 Bed / 3 Bath | 1,560 sq ft (Off Street Parking)

$290,000 | 03/25/22

PPSF: $185.90

------------------------------

231 E Morrill Ave, Columbus, OH 43207 3 Bed / 3 Bath | 1,464 sq ft (On Street Parking) $310,000 | 03/19/21 PPSF: $211.75 ------------------------------

PROPERTY MAP:





"Brick By Brick"



PROMISE LAND REALTY, LLC

Work: 864-762-2509

sarter@promiselandrealtyllc.com

www.promiselandrealtyllc.com


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*

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