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Multifamily-Retail Investment 2 Multifamily Properties Offered at $4,400,000 in Columbus, OH
Investment Highlights
- Excellent Investment Opportunity
- 32 apartments + 2 commercial spaces
- Strategic combination of cash flow and covered-land value
- Situated at the epicenter of the Lane & High corridor
Executive Summary
Offering a strategic combination of cash flow and covered-land value, 2188–2194 North High delivers 32 apartments + 2 commercial spaces at arguably the strongest corner on campus. With market rents at ±$1,025/apartment unit, a buyer can quickly improve income through standard turns while evaluating the 0.59-acre site for long-term redevelopment. Surrounded by major national student housing developers and new institutional capital, the property sits at the epicenter of the Lane & High corridor, where OSU-driven demand continues to push rental rates, occupancy, and land values. A true generational campus corridor play
Property Facts
| Price | $4,400,000 | Number of Properties | 2 |
| Price / SF | $129.82 / SF | Individually For Sale | 0 |
| Cap Rate | 7.50% | Total Building Size | 33,894 SF |
| Sale Type | Investment | Total Land Area | 0.58 AC |
| Status | Active |
| Price | $4,400,000 |
| Price / SF | $129.82 / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 33,894 SF |
| Total Land Area | 0.58 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
North High Street Apartments
2180 N High St, Columbus, OH 43201 |
Multifamily | 19,998 SF | 1912 | - |
| 2194 N High St, Columbus, OH 43201 | Multifamily | 13,896 SF | 1912 | - |
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