Matthews Logo

Navigation Menu

2031-2033 W Broad St, Columbus, OH, 43223

Broadway Court Apartments
closed

Key Information

Cap Rate
10.02%
Tot. SF
23,290
$ per unit
$56,500
Units
30
Year Built
1962
Type
Apartments
NOI
$169,955

Highlights

Property Highlights

  • Two adjacent multifamily buildings totaling 30 units
  • Balanced mix of one- and two-bedrooms appeals to a wide renter base
  • Select units feature upgraded flooring, kitchens, baths, and mechanical systems
  • Off-street parking available for residents
  • Secured tenant access for added safety and convenience
  • Strong rental upside and value-add potential
  • Opportunity for stable cash flow with long-term appreciation

Location Highlights

  • Prime location along West Broad Street, a heavily traveled Columbus corridor
  • Excellent access to major highways and public transit
  • Less than 10 minutes to Downtown Columbus and key employment centers
  • Proximity to Hollywood Casino Columbus and Westgate Park
  • Surrounded by shopping, dining, and essential services
  • Benefits from Columbus’s population growth and expanding economy
  • Established neighborhood with consistent rental demand

Photos

Location

Agents

Broker of Record

Matt Wallace

License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113