55 Eastpointe Ridge Dr - The Residences at Eastpointe Ridge Multifamily Building

The Residences at Eastpointe Ridge is similarly positioned in a fantastic location surrounded by local conveniences and great visibility. Like Villages at Waggoner Park, The Residences at Eastpointe Ridge provides residents with luxury amenities such as a swimming pool, a newly upgraded 24-hour fitness center, a community grilling station, and additional storage space. This spectacular property offers residents an ideal lifestyle in spacious studios, one-, two-, and three-bedroom floor plans. The owners have invested significant capital into the Residences at Eastpointe Ridge, and recent CAPEX includes all new gutters, new vinyl flooring in the building entrances and rubber on the stairs, and updates to property fencing.
In addition to the exceptional quality and outstanding location, this portfolio presents investors with the opportunity to come in and increase value through the continuation of an already proven value-add program. The current owners have demonstrated the success of interior unit upgrades, with renovated units achieving premiums up to $200, while leaving 73% of the property available for a new owner to increase value through renovations. Desirable locations, a strong value-add opportunity, and growing population ensure the long-term viability and success of the Columbus Two Portfolio.