HIGHLIGHTS
- Stabilized asset with consistent occupancy and reliable in-place cash flow, supporting predictable returns
- Consistent 2-bedroom, 1-bathroom unit configuration streamlines property management and facilitates efficient renovation planning
- Columbus remains a high-growth market, supported by ongoing population increases and robust rental fundamentals
- Located within an established affordable workforce housing submarket, supported by strong and sustained renter demand
- Recent rental comparables indicate potential to increase rents by $100–$200 per unit with minimal capital outlay, offering immediate revenue upside
- Generously sized, functional floorplans offer a strong foundation for modernization, providing an opportunity to enhance tenant appeal and asset value
FOR SALE DETAILS
PRICE
$3,200,000 USD
PRICE/SF
$107 USD /SF
# OF UNITS
36
PRICE/UNIT
$88,889
CAP RATE
Request Cap Rate
% LEASED
97%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CRESTWOOD VILLAGE
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1961
PARKING SPACES
54
LAND DETAILS
LAND ACRES
1.82 AC
LAND SF
79,279 SF
ZONING
-
APN/PARCEL ID
010-129464
ASK ABOUT THIS PROPERTY
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330-600-1044
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Please correct the highlighted field(s).
330-600-1044
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