Springfield 60 3 Multifamily Properties in Springfield, OH
INVESTMENT HIGHLIGHTS
- Built in 2023–2024, Springfield 60 Offers 60 Modern Two- and Three-Bedroom Units with In-Unit Laundry, HVAC, and Townhome Layouts
- The Portfolio has a 15-Year Tax Abatement through 2039 and Sits in a Growth Market Near Dayton and Columbus
- Springfield 60 Offers Rent Upside with Pro-Forma Rents $125+ Above Current Levels and Comps Achieving $200+ More
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present Springfield 60, a fully leased, 60-unit portfolio across three properties in Springfield, Ohio. The offering includes 45 two-bedroom and 15 three-bedroom townhomes with in-unit washer/dryers and individual HVAC systems, totaling 72,700 rentable square feet across 7.26 acres. Completed in 2023 and 2024, all three properties benefit from 15-year tax abatements and a desirable unit mix including spacious townhomes, presenting investors with income upside through lease-up renewals in a strong rental market.
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 30,440 SF |
| Total Land Area | 7.01 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1124 Winton Pl, Springfield, OH 45503 | Multifamily | 10,440 SF | 2023 | - |
| 1835 E Home Rd, Springfield, OH 45503 | Multifamily | 10,000 SF | 2024 | - |
| 2251 Hillside Ave, Springfield, OH 45503 | Multifamily | 10,000 SF | 2024 | - |
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