380-214-1829
67 Woodsedge Dr, Powell, OH for Sale
Apartments - FOR SALE
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67 Woodsedge Dr
Powell, OH 43065


HIGHLIGHTS

  • Loan is assumable at a 3.32% Interest-Only (IO) rate until 11/1/2027 then a 3.32% Principle and Interest until 10/01/2035.
  • Powell Crossing is a walkable community in the Olentangy Local School District, where residents are within walking distance to Old Downtown Powell.
  • Strong occupancy and proven cash flow provide immediate income stability, while assumable financing enhances returns and reduces capital costs.
  • This pet-friendly community is within walking distance to local parks, shops, and restaurants, providing an immersive tenant experience in Powell.
  • Powell Crossing's 64 one- and two-bedroom units align with 5-mile demographics, where 56% of households are comprised of one or two residents.
  • Quality shopping centers in convenient proximity for residents to access include Liberty Town Center, Village Pointe, and Powell Center.

OVERVIEW

Acquire a well-maintained, 64-unit garden-style apartment community with attractive assumable financing, delivering immediate cash-flow stability and compelling long-term upside. Powell Crossing, at 67 Woodsedge Drive, presents a top-notch apartment community in the affluent Columbus suburb of Powell, Ohio. Ideally positioned in quiet, comfortable proximity to everything the Historic Old Powell District offers, the property provides residents with a highly walkable lifestyle. Featuring modern one- and two-bedroom floor plans with 10-foot ceilings, stainless steel appliances, quartz countertops, and spacious closets, the community is well-positioned to attract and retain a consistent resident base. Surrounded by major retail destinations, recreational amenities including the Columbus Zoo and Highbanks Metro Park, and within minutes of both Powell and Dublin's employment and lifestyle hubs, the asset offers durable renter demand and long-term income stability. With a combination of strong location fundamentals, modern construction, and broad demographic appeal, Powell Crossing represents a captivating investment opportunity for buyers seeking reliable cash flow and future appreciation in one of Central Ohio's most desirable suburban markets. Ownership is currently accepting LOI's for this property. As the LOI process continues, ownership will let the market determine the sales price point. The loan is assumable at a 3.32% Interest-Only (IO) rate, with a maturity date of 10/01/2035. Please note that the trailing 12-month income and expense statement and rent roll will both be provided for review in the Data Room of this advertisement. For any questions and/or LOI submissions, please submit to ColumbusOhioApartments4Sale@gmail.com.

FOR SALE DETAILS

PRICE

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# OF UNITS

64

CAP RATE

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% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Powell Crossing | Assumable Loan

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2020

PARKING SPACES

146

LAND DETAILS

LAND ACRES

6.98 AC

LAND SF

304,049 SF

ZONING

-

APN/PARCEL ID

319-432-02-002-001

ASK ABOUT THIS PROPERTY

Vince SantangeloProperty Management Services of Columbus OhioMore Info
380-214-1829

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Vince SantangeloProperty Management Services of Columbus OhioMore Info
380-214-1829

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