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Brown Multifamily Advisors is pleased to offer for sale The Willows Apartments, a 103-unit, multifamily located just northwest of I-270 & I-71 in Grove City, Ohio.
The Willows consists of 26 apartment buildings with 12 garden and 14 townhouse style buildings constructed between 1976-1986. The property is situated on approximately 8.26 acres in the Southwestern City Schools District.
The Willows offers 54 two-bedroom townhouse, 47 two-bedroom garden and 2 three-bedroom townhouse units with an average unit size of 689, 950 and 980 SF, respectively. The well-maintained units feature ample storage, central air, first floor laundry rooms, carports (select styles), private patios and exterior storage. Current ownership has made interior renovations over the last several years to roughly 40% of the units that include updated kitchens, baths, lighting and flooring that has translated to steady rental increases.
This is a great opportunity to acquire a stable, well-maintained multifamily property that seldom 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 March 19, 2019 at 11:30 am