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4011 E Columbus Dr
For Sale $9,000,000 ($199.56 per Sq Ft)
$9,000,000 ($199.56 per Sq Ft)
- 116 Units
- 45,100 Sq Ft
- 109,095 Sq Ft
- Unknown Cap Rate
Description
This building is 116 unit hotel/apartment complex: building is two-story concrete block/brick: second floor is concrete: each unit is 300 ft.² MOL efficiency apartments: new roof in 2024: building is being totally remodeled and has land to build on an additional 100 units MOL: you can rent these units by the day, week, month, or year: if you rent by the week at $350 per unit proforma income is $2,111,200 with the expenses at $844,480 and your net income will be $1,266,720. Total Acreage - 5+ acres
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $9,000,000 |
| Property Type | Multi-Family |
| Usable Sqft | 45,100 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1974 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A1629194CZ00001700000.1 |
| MLS # | TB8308799 |
| Property ID | 315623987 |
| Lot Sqft | 109,095 |
| Zoning | IG |
| Total Units | 116 |
| Days on Market | 159 |
| Original List Price | $9,000,000 |
| Applicances | Refrigerator% |
| Date Updated | January 24, 2025 |
| Date Created | October 01, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Frank Leto an agent of . Lic #272816
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 24, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT