Ohio State University Five-Property Portfolio

Columbus, OH 43201
$2,435,000

Description

Brown Multifamily Advisors is pleased to offer for sale a five-property student housing investment portfolio located in Ohio State University’s off-campus neighborhood.  The portfolio contains a total of 12 units / 35 beds with a combination of unit styles from one to five bedrooms.  The well-maintained properties are located along the Indianola Avenue and Summit Street corridors, just a few blocks from campus.  The portfolio may be purchased all together or individually.

The properties all feature renovated kitchens and baths, hardwood floors in the living spaces, carpet in bedrooms, on-site laundry and ample off-street parking.  Tenants pay electric and gas directly and reimburse the owner for water.  The portfolio is 100% leased for the current 2021-22 academic year and pre-leasing is strong for 2022-23.  This is a rare opportunity to acquire a well-performing, turn-key student housing portfolio in the OSU submarket.

The property addresses are:

2160 Indianola Avenue

2166 Indianola Avenue

261-263 Northwood Avenue

311-315 E. 17th Avenue

1244-1246 Summit Street

 

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Detail

Updated on June 6, 2023 at 12:48 pm

  • Property ID: 10066
  • Price: $2,435,000
  • Property Type: Multifamily Unit
  • Property Status: Recently Sold

Additional details

  • Properties: 5
  • Total Units: 12
  • Total Bedrooms: 35
  • Total Square Footage: 13,596
  • Year Built: 1900-1908
  • Acreage: 0.53
  • Address: 261 Northwood Avenue
  • City: Columbus
  • State/county: Ohio
  • Zip/Postal Code: 43201
  • Country: United States

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