7944 Morse RdNew Albany, OH 43054

For Sale
$998,000

Spacious Apartment Building, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a substantial multifamily property situated on a generous 263,102.4 square foot lot in desirable New Albany, Ohio. The property, located at 7944 Morse Road, boasts a prime location within the highly-rated New Albany school district, offering immediate proximity to major tech employers including Google and Facebook data centers, and the future site of a significant Intel semiconductor manufacturing facility. Built in 1977, this apartment building is zoned for residential use and presents a compelling opportunity for investors seeking strong returns in a rapidly growing area. The property's substantial lot size provides ample space for potential future development or expansion, further enhancing its investment potential. The address is 7944 Morse Road, New Albany, OH 43054, with the APN 220-000699. New Albany's business-friendly environment and strategic location contribute to the property's long-term value and growth prospects. The asking price for this multifamily property is $998,000. This is a rare chance to acquire a significant asset in a thriving community poised for continued expansion and economic growth. The property is classified as Land, Multifamily, Apartment Building, Residential, and Duplex/Triplex/Quadruplex.

Highlights

  • Exceptional multifamily investment opportunity in desirable New Albany, OH.
  • Prime location in the highly-rated New Albany school district, near major tech employers and Intel's future facility.
  • 263,102.4 sq ft lot, offering potential for future development or expansion.
  • 1977-built apartment building (7944 Morse Road, New Albany, OH 43054, APN 220-000699), zoned residential.
  • $998,000 asking price.

Property Details for 7944 Morse Rd

Property type
Multifamily properties, Apartment buildings
Year Built
1977

Location Insight

City
New Albany
County
Franklin
State
Ohio
Latitude
40.0520672
Longitude
-82.7805745
7944 Morse Rd, New Albany, Ohio

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7944 Morse Rd
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