About 595 E Broad Street
This fully renovated multifamily asset offers turnkey stability with modernized units that support premium rents, strong leasing velocity, and minimal near-term capital needs. This asset is unique in that it's historically proven to support multiple business plans to include short term, mid-term and conventional revenue models. A 12-year tax abatement enacted in 2023 sharply reduces operating expenses and enhances cash flow throughout the hold period. For qualified purchasers, Seller is offering carryback financing with flexible terms, creating a more efficient capital structure and lowering the required equity at closing. This location, given its proximity to both the Broad St Corridor and Parsons Ave Corridor capital improvement plans, further supports stability of location and long-term growth projection. Curb offers only
Features of 595 E Broad Street
| MLS® # | 226004639 |
|---|---|
| Price | $3,400,000 |
| Acres | 0.22 |
| Year Built | 1915 |
| Type | Multi-Family |
| Sub-Type | Midrise |
| Status | Active |
Community Information
| Address | 595 E Broad Street |
|---|---|
| Area | None |
| City | Columbus |
| County | Franklin |
| State | OH |
| Zip Code | 43215 |
Amenities
| Parking | Common |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
School Information
| District | COLUMBUS CSD 2503 FRA CO. |
|---|
Listing Details
| Office | Brett A Ludwig of Verti Commercial Real Estate L |
|---|