614-519-8689
1753-1791 Drayton Park Court, Columbus, OH for Sale
Apartments - FOR SALE
1/30
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1753-1791 Drayton Park Court
Columbus, OH 43212
Tri-Village


HIGHLIGHTS

  • Premier 5XNW Location between Grandview Heights and Upper Arlington
  • Quality, Low-Maintenance Construction
  • Renovated Interior Finishes
  • Significant Recent Capital Investment
  • Stabilized Asset with Strong Occupancy
  • Demonstrated & Accretive Rent Growth

OVERVIEW

Brown Multifamily Advisors is pleased to present Drayton Court Apartments, a 32-unit luxury multifamily community located in one of Columbus’ most desirable urban-infill neighborhoods. Situated along Chambers Road in the highly sought-after Fifth by Northwest district, the property benefits from immediate proximity to two of the city’s most affluent submarkets—Upper Arlington and Grandview Heights—and is located approximately two miles from The Ohio State University.  Constructed in 2005 on 1.157 acres, Drayton Court consists of seven residential buildings totaling 38,490 square feet of rentable living space. The community offers a mix of one-, two-, and three-bedroom units, with one-car garages for every unit plus one additional surface parking space per bedroom, a highly competitive amenity in this submarket.  All 32 units feature large, contemporary floor plans with wood-based laminate flooring, new cabinetry, updated trim, granite countertops throughout, new appliances, gas fireplaces, and full-size washers and dryers, positioning the property for immediate rent growth.  Approximately $70,000 of incremental annual rental revenue is achievable through lease renewals and trade-outs with no capital expenditure required.  Drayton Court presents a rare opportunity to acquire a stabilized multifamily community with strong, demonstrated rent growth and continued upside potential in one of Columbus’ most supply-constrained rental markets, driven by its premier location, modernized interiors, and sustained tenant demand.

FOR SALE DETAILS

PRICE

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# OF UNITS

32

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Drayton Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2005

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

-

APN/PARCEL ID

420-270759

ASK ABOUT THIS PROPERTY

Matthew BrownInvestment Real Estate SalesMore Info
614-519-8689

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Matthew BrownInvestment Real Estate SalesMore Info
614-519-8689

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.