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CRESTWOOD VILLAGE 3105 Clairpoint Ct 36 Unit Apartment Building $3,200,000 ($88,889/Unit) Columbus, OH 43227
INVESTMENT HIGHLIGHTS
- Stabilized asset with consistent occupancy and reliable in-place cash flow, supporting predictable returns
- Columbus remains a high-growth market, supported by ongoing population increases and robust rental fundamentals
- Recent rental comparables indicate potential to increase rents by $100–$200 per unit with minimal capital outlay, offering immediate revenue upside
- Consistent 2-bedroom, 1-bathroom unit configuration streamlines property management and facilitates efficient renovation planning
- Located within an established affordable workforce housing submarket, supported by strong and sustained renter demand
- Generously sized, functional floorplans offer a strong foundation for modernization, providing an opportunity to enhance tenant appeal and asset value
EXECUTIVE SUMMARY
Matt Wallace
License No. 2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113
License No. 2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113
PROPERTY FACTS Under Contract
| Price | $3,200,000 | Building Class | C |
| Price Per Unit | $88,889 | Lot Size | 1.82 AC |
| Sale Type | Investment | Building Size | 30,000 SF |
| No. Units | 36 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1961 |
| Apartment Style | Garden | Parking Ratio | 1.4/1,000 SF |
| Price | $3,200,000 |
| Price Per Unit | $88,889 |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.82 AC |
| Building Size | 30,000 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.4/1,000 SF |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Washer/Dryer Hookup
- Heating
- Kitchen
- Wi-Fi
- Basement
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 36 | - | 800 |
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PROPERTY TAXES
| Parcel Number | 010-129464 | Improvements Assessment | $138,080 |
| Land Assessment | $16,450 | Total Assessment | $154,530 |
PROPERTY TAXES
Parcel Number
010-129464
Land Assessment
$16,450
Improvements Assessment
$138,080
Total Assessment
$154,530
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CRESTWOOD VILLAGE | 3105 Clairpoint Ct
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