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: