Circleville Portfolio Multi-Family FOR SALE


Circleville, OH
$6,850,000 USD
614-313-0367
, Circleville, OH for Sale
$6,850,000 USD
Multi-Family - FOR SALE
1/4
null | Request Cap Rate

Circleville Portfolio
Circleville, OH


HIGHLIGHTS

  • Mix of townhomes and apartments
  • Average Rent $876, below market
  • 100% Occupied
  • 25 Miles south of Columbus

OVERVIEW

The properties in the Circleville Portfolio are located throughout Circleville, a city located about 25 miles south of Columbus. The 90 units are made up by apartments and townhomes, the unit mix consists of 39 one-bedroom, 33 two-bedroom, and 18 three-bedroom units. The average rent for the portfolio is $876. The rent comparable analysis shows the current rents are below market, over $100 for the one-bedroom, about $97 for the two-bedroom and over $200 for the three-bedroom units. This confirms there is plenty of upside to still be achieved. Circleville Portfolio is operating at 100% occupancy.

ASK ABOUT THIS PROPERTY

Paul McHughIncome Property OrganizationMore Info
614-313-0367

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

Paul McHughIncome Property OrganizationMore Info
614-313-0367

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