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Columbus Two Portfolio 2 Multifamily Properties in Multiple Locations


INVESTMENT HIGHLIGHTS
- Immediate ability to create / leverage Economies of Scale
- Over $228k in Additional Upside: Garage Income, Storage Income, Trash Income, etc.
- Massive Employment Growth: Over 20k jobs from Anduril, Intel, LG / Honda alone
- Significant Value-Add Opportunity: Over $1.3M in Additional Revenue
- Organic Rent Growth Upside: Up to $371 for Eastpointe and $145 organic growth in comparison to Top Competitors
- Flexible Financing Options: Opportunity to take advantage of current financial market with flexible financing options
EXECUTIVE SUMMARY
Berkadia is pleased to present the exclusive offering of The Columbus Two Portfolio. This portfolio consists of two assets, The Residences at Eastpointe Ridge (180 units) and Villages at Waggoner Park (400 units), both extremely well located in the Columbus MSA which is ranked #1 among the Midwest’s 10 largest metros for population and job growth. The communities are a mere 2.5 miles from each other, providing investors the opportunity for immediate economies of scale.
https://properties.berkadia.com/the-columbus-two-391034
https://properties.berkadia.com/the-columbus-two-391034
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Under Contract | Total Building Size | 684,084 SF |
| Number of Properties | 2 | Total Land Area | 41.28 AC |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 684,084 SF |
| Total Land Area | 41.28 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Villages at Waggoner Park
8181 Herald Cv, Blacklick, OH 43004 |
Multifamily | 492,086 SF | 2003 | - |
|
The Residences at Eastpointe Ridge
55 Eastpointe Ridge Dr, Columbus, OH 43213 |
Multifamily | 191,998 SF | 2004 | - |
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Columbus Two Portfolio
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