Court Appointed Receiver Sale - 5596 Autumn Chase Dr, Columbus, OH 43232. Rare opportunity to acquire a 76-unit apartment community with significant upside potential. The property features 48 studio units and 28 one-bedroom/one-bath units, totaling approximately 49,400 SF, and is situated on 3.37 acres. Built in 1987, the community is equipped with individual heating/cooling units (electric paid by tenants) and in-unit washer/dryer hookups. Water is currently paid by ownership but could be transitioned to RUBS. The property has ample surface parking with a newly sealed and striped lot, plus 40 covered carports. Current occupancy is 51%, presenting a prime repositioning opportunity through lease-up and value-add improvements.
All offers, including proof of financial capability, should be submitted via email to kurt@prodigyprop.com using the below linked letter of intent 5596 Autumn Chase - LOI. Offers should be submitted by 2pm, September 10, 2025 in order to be considered by the Receiver.
Investment Highlights:
Prime Location
Just a short 15-minute commute from the heart of downtown Columbus, Autumn Chase offers a blend of urban accessibility and suburban tranquility. Enjoy easy access to major highways, public transportation, and a multiple local amenities, ensuring convenience for residents.
Stable Rents with Growth Potential
Autumn Chase has a history of stable rents, reflecting its strong appeal to tenants seeking quality living spaces. Positioned for future growth, with opportunities for rent optimization and value appreciation, ensuring attractive returns for investors.
Well Maintained Property
Autumn Chase’s proactive maintenance practices showcase a commitment to quality and tenant satisfaction. Well kept landscaping and common areas enhance the property’s curb appeal and desirability. The property also features in-unit washer and dryer hookups, a recently sealed and striped parking lot, and covered parking for tenants.
Unit Variety and Flexibility
Offering a mix of 1-bedroom and studio units, Autumn Chase caters to a range of tenant preferences and housing needs, maximizing occupancy rates and rental. Located in Columbus, a vibrant city experiencing economic growth and a strong rental market, Autumn Chase presents a prime investment opportunity. Capitalize on the city’s diverse job market and attractive quality of life, driving demand for rental housing.
Please contact Kurt at kurt@prodigyprop.com with questions or to schedule a tour of the property.
Receiver reserves the right to accept or reject any bid or offer, or to cancel the sale for any reason, at any time, in its sole discretion and without notice.