55 Unit Rental Portfolio Online Auction, Columbus, Ohio

This is a tremendous investment opportunity in one of the best rental markets in the US.  This is a very well run portfolio with few vacancies and a waiting list of tenants.   website http://svnward.com/our-advisors/?brokerId=bill.menish@svn.com&tab=listings

  • 55 Unit Portfolio
  • Current rents below market with upsides in water bill back.
  • Numerous upgrades over time including some new roofs, windows, and mechanicals as needed. More details available per unit.
  • Seller is liquidating all of their apartment holdings in 2017.
  • Columbus, OH is the 15th Largest City in the US and it is the #1 city in the Midwest in Population Growth and Job Growth, and #3 in the Nation in Millennial Population Growth. Home of The Ohio State university and to over 55 universities and 135,000 students.
  • Units typically carry a waiting list as there are not enough working class apartments for the Columbus apartment demand
  • Strong Management Company in place and ready to transition.