Loeffler Ave Development

Loeffler Ave Development

3 Fee simple townhouses

6 unit apartment building

The project is currently zoning approved and conceptually approved by NEAC. The permit set of plans on the 3 townhouses are ready for submission, currently awaiting the completion of the permit set fo the 6 unit building

Asking price $600,000 Plans will be 100% completed, and ready for permit submission

Townhouses

2200 SF each

2 car attached garages

Rooftop terraces

Slab on grade foundation

2 private balconies

3 bedrooms

3.5 bathrooms

Contemporary design

Target sales price $583,000 ($265/SF)

Townhouses Comparable Sales

$292.86/SF Sold

Little to no inventory with growing buyer demand

Only 9 new construction projects sold within 12 months

Comps ran as new build, and sold in Old Town East

Apartment Building

3 1 bedroom 1 bath apartments ($1100/month)

3 2 bedroom 1 bath apartments ($1800/month)

Rooftop terrace amenities Top of the line finishes Prefabricated and assembled

in field construction Entire 6 unit building can be

sold as a separate parcel

Apartment Building (cont)

MSS pre fabrication estimate for 6 unit building is $562327 delivered.

Estimate includes drywall, trim, doors, cabinetry, counters, tile, flooring, exterior house wrap, windows, and all rough/final MEPS

Certified in city of Columbus

Established plant since 2013 and proven experience

Warranties included

Additional costs that will need to be provided in addition will be exterior facade, foundation, underground plumbing hookups, in field assembly

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