OSU Off-Campus Student Housing Portfolio Multi-Family FOR SALE


Columbus, OH - Indianola Terrace
$3,600,000 USD
614-519-8689
, Columbus, OH for Sale
$3,600,000 USD
Multi-Family - FOR SALE
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OSU Off-Campus Student Housing Portfolio
Columbus, OH
Indianola Terrace


HIGHLIGHTS

  • Turnkey, cash-flowing portfolio with proven performance
  • Walkable access to campus, nightlife, dining, and retail amenities
  • Immediate revenue upside through utility reimbursement and parking income
  • Well-maintained properties operated by long-term management
  • High-demand OSU student housing submarket
  • Properties are available to purchase as a portfolio or individually

OVERVIEW

Brown Multifamily Advisors is pleased to present an exclusive opportunity to purchase a portfolio of five off-campus student housing properties serving The Ohio State University. The portfolio may be purchased individually or as a package. The properties are strategically located along the bustling North 4th Street corridor and the highly sought-after Chittenden Avenue student housing area, both offering convenient access to The Ohio State University main campus and the vibrant Short North entertainment district. The portfolio comprises 34 residential units with a total of 50 beds, operated for decades under consistent ownership and management. Four of the properties are concentrated near the intersection of North 4th Street and East 15th Avenue, including 1778–1800 N. 4th Street with twelve 2BD / 1BA units, 348 E. 15th Avenue with five 1BD / 1BA units, 358 E. 15th Avenue with four 1BD / 1BA unit, and 316 E. 15th Avenue with eight 1BD / 1BA units and one 3BD / 1 BA unit. The final property, located at 168 Chittenden Avenue, includes two 1BD / 1BA units and two 3BD / 1BA units less than a block from N. High Street—one of the most desirable off-campus locations for generations of OSU students. The portfolio’s well-maintained condition, consistently high occupancy, and steady annual rent growth underscore its stability and long-term performance. Current management has historically covered most utilities and provided free off-street parking—both of which present immediate revenue upside opportunities for new ownership. This offering represents a rare opportunity to acquire a turnkey, cash-flowing student housing portfolio with strong operational history and value-add potential, located adjacent to one of the nation’s largest universities and within one of the Midwest’s fastest-growing metro areas.

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.