Street information unavailable, Columbus, Ohio, United States, 43202
4,290,000
for Sale
66,646.8
About the property:
125 W Dodridge Street is a 46-unit multifamily investment opportunity. The property offers significant value-add potential through continued unit renovations and rent growth, with renovated units already demonstrating strong rental premiums. Situated on approximately 1.53 acres, the asset benefits from below-market in-place rents, recent capital improvements, and a highly desirable university-area location. In addition to its near-term cash flow upside, the site offers long-term redevelopment potential under the Mixed-Use 2 future land use designation, including the potential for a 5-7 story mixed-use development. Investors may also have the opportunity to pursue a 15-year CRA tax abatement.
- Property Type:
- Apartment
- Status:
- for Sale
- House Style:
- Other
- Acres:
- 1.53
- Cross Street:
- Olentangy River Rd
- Is Investment:
- Yes
- Is Land:
- Yes
- Is Market:
- Yes
- Is Other:
- Yes
- Is Unit:
- Yes
- Annual Property Taxes:
- 48,388
- Listing ID:
- 226041848
Rooms
Dimensions
Brokered by:
The Robert Weiler Company
Presented By:
Presented By: