522 Flower Valley Drive, Canal Winchester, OH
Multi-family for Sale - $19,096,800 - 288,480 Sq. Ft.

Property Info
| CIMLS# | 134369 |
| Location 522 Flower Valley Drive Canal Winchester OH 43110 | |
| Updated | April 28th, 2011 |
| Type | Multi-family |
| Price | $19,096,800 |
| Building | 288,480 Sq. Ft. |
Property Description
Ashbrook Run Apartments is a beautifully landscaped community that will feature 292 garden style apartments situated on approximately twelve and half acres that provide a quiet park-like setting for residents. The property is located in Canal Winchester on the far southeast side of Columbus. This offer is comprised of 292 apartments in 19 buildings. The community offers an optimum unit style mix for the submarket with 56 One bedroom apartments and 236 Two bedroom units. There are also 72 garage units that are included which bring in additional income. Each unit is all electric and features a living room, central air conditioning, refrigerator, range, dishwasher, washer/dryer hook-ups and louvered window blinds. Tenants pay all utilities including water and sewer. The community offers its residents an on site clubhouse with a community center, fitness center, tanning bed, movie theatre and resort style swimming pool with sun deck. Construction began in 2009 and phase 1 is currently complete with Phase 2 construction set to begin in the fall of 2010. Currently these are 176 units in Phase 1 completed and rented. Phase 2 construction completion and stabilization is scheduled for late summer of 2011. The property is currently being managed by the developer
