Ohio Region Senior Citizens Housing Corp. v. Franklin County Board of Revision

Appellant, in its notice of appeal, urges that: (1) the BTA valuation contravened Canton Towers, Ltd. v. Stark Cty. Bd. of Revision (1983), 3 Ohio St.3d 4, 3 OBR 302, 444 N.E.2d 1027, and later supporting cases, (2) it was unreasonable for the BTA to reject the income approach to value of appellant’s appraiser, John R. Garvin (“Garvin”), and (3) it was unlawful for the BTA to reject Garvin’s use of stabilized expenses in his income approach.

At the BTA hearing, Garvin presented his appraisal report and testified at length. Garvin, relying on the cost approach and the income approach to value,…