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Hillsdown Apartments is conveniently located in Westerville, Ohio, approximately 15 miles northeast of downtown Columbus near I-270, which provides access to major employment centers and other demand drivers throughout the metro region.
Westerville Hillsdown Apartments consists of four all-brick apartment buildings constructed in 1965-1966, each containing four townhouse-style units for a total of 16 units. The property Hillsdown Apartments is situated on approximately 0.76 acres of landscaped grounds with a large surface parking area. The 990 SF units all have two bedrooms and one bath with full basements. The well-maintained units feature ample storage, central air, double-pane vinyl windows and updated kitchens. Value-add potential exists for the new owner to make targeted interior improvements to increase the property’s rents.
This is a great opportunity to acquire a stable, well-maintained multifamily property with value-add potential that rarely makes it on the market. Brown Multifamily Advisors invites you to pursue this portfolio as your next acquisition and we look forward to discussing it with you.
Updated on September 25, 2019 at 7:05 am