Location

SUMMARY:

Evergreen Terrace Apartments contain 97 one-bedroom and two-bedroom units, spread over 3 complexes within a minute walking distance from each other on Hilton Avenue in Columbus. The 4632 building contains 26 one-bedroom and 10 two-bedroom apartments, while the 4739 building contains 41 one-bedroom apartments. Four buildings at 4656, 4660, 4666 and 4670 Hilton Ave contain a total of 20 two-bedroom, 1 ½ – bath spacious townhomes. The complexes were built in 1963 and 1968 and have been well maintained over the years.

The total occupancy at the buildings is 94%. Current average rent across all units is $1,093. However, when the complex is brought up to market, average rent increases to $1,143. Evergreen Terrace represents a well-located asset in Columbus, poised for new ownership with a value-add mentality.