Asset Management & Recovery: Columbus Distressed Property Feb. 2007

Gryphon USA, Ltd services clients through Gryphon Asset Management, Gryphon Realty Advisors and Gryphon Auction Group. Gryphon Asset Management manages operating entities and undertakes liquidation management in numerous business lines. Gryphon Realty Advisors is comprised of three divisions all working together; Residential, Commercial and Management. Projects range from single family investments and owner occupant reresentation to apartments and commercial complex disposition. Gryphon Auction Group assists clients with the sale of real property as well as commercial equipment.

Columbus Distressed Property Feb. 2007

 Many of our clients are extremely motivated to sell their property on an expedited timeline due to some type of distressed situation

This does not necessarily mean distressed property, but time is a factor.   This translates into opportunity for you and your clients. 

We have single family, multi-family, land and commercial. 

Please see below for a list of what is available right now. 

Property TypeLocationCityRentedDistress TypeList Price
Single Family     
Single Family 1309 16th Ave ColumbusYesShort Sale $54,000
Single Family 1332 17th Ave ColumbusYesShort Sale $54,000
Single Family 1017 20th Ave ColumbusYesShort Sale $59,000
Single Family 1035 20th Ave ColumbusYesShort Sale $54,000
Single Family 1452 20th Ave ColumbusYesShort Sale $57,900
Single Family 1508 23rd Ave ColumbusYesShort Sale $57,000
Single Family 1513 25th ColumbusYesShort Sale $50,000
Single Family 833 Fairwood Ave ColumbusNoBank Owned $52,900
Single Family 76 Rodgers Ave ColumbusNoBank Owned $29,500
Single Family 296 Highland Ave ColumbusYesShort Sale $47,000
Single Family 2431 Vendome Dr ColumbusNoBank Owned $56,900
Single Family 1431 Manchester Ave ColumbusYesShort Sale $59,900
Single Family 617 Columbia Ave ColumbusYesNo Distress $62,000
Single Family 826 Starr Ave ColumbusYesShort Sale $63,500
Single Family 288 Ogden Ave ColumbusYes Short Sale $69,500
Single Family 629 Eureka Ave ColumbusYesShort Sale $71,000
Single Family 2868 Dolby Dr ColumbusYesShort Sale $84,900
Single Family2287 JermainColumbusYesBank Owned$57,000
Multi Family     
Double 112- Columbian Ave ColumbusPartialNo Distress $65,000 - $82,000
Double 4627-629 Louise Ave WhitehallNoNo Distress $84,000
Double 4626-628 Faith Ave WhitehallYesNo Distress $84,000
Double 662-664 Hamilton Rd WhitehallYesNo Distress $84,000
Double 685-687 Valerie Ln WhitehallYesNo Distress $84,000
Three Units 53-55 Belvidere Ave ColumbusPartialNo Distress $60,000-$80,000
26 DoublesHamilton Village WhitehallPartialShort Sale$1,817,000
Commercial     
Commercial2677-2681 E. MainBexleyPartialBankruptcy$560,000
Residential Land     
Land10421 Liberty Rd.PowellNoBankruptcy$70,000
Coming Soon     
Single Family1408 S. OhioColumbusNoBank OwnedTBD
Single Family1439 CordellColumbusNoBank OwnedTBD
Single Family565 BulenColumbusYesBank OwnedTBD
Single Family1829 HuyColumbusUnkNo DistressTBD
Single Family1602 E. CordellColumbusUnkNo DistressTBD
Single Family1331 GaultColumbusUnkNo DistressTBD
Single Family1989 MargaretColumbusUnkNo DistressTBD
Single Family1221 E. 15thColumbusYesNo DistressTBD
      
42 Unit Residential550-560-570 S. HamiltonWhitehallPartialReceivershipTBD

 This list changes almost daily.  To see updated inventory, keep tuned to our website at www.gryphonusa.com.

 

Do you have questions about distressed assets, receivership or bankruptcy sales, auctions?  Email me at rfk@gryphonusa.com and I'll try to answer it in an upcoming post.

Richard F. Kruse is the President of Columbus, Ohio based Gryphon USA, Ltd. (www.gryphonusa.com).  The Gryphon Organization includes Gryphon Asset Management providing receivership and consulting services in the distressed marketplace, United Country Gryphon Realty & Auction Group (www.ucohiorealty.com & www.ucohioauctions.com) providing real estate brokerage and auction services throughout Ohio and OnlineAuctionUSA.com (www.onlineauctionusa.com) providing commercial asset liquidations from the Midwest to East Coast. 

United Country Gryphon Realty & Auction Career Opportunities Available.  Call 614-885-0020 x 17

0 commentsRich Kruse • February 17 2007 03:52PM

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