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This Multifamily Property is no longer advertised on LoopNet.com.
55 Eastpointe Ridge Dr
Columbus, OH 43213
Multifamily For Sale · Multifamily Property For Sale

Property Facts
| Price | Not Individually For Sale | Building Class | B |
| Property Type | Multifamily | Lot Size | 6.28 AC |
| Property Subtype | Apartment | Parking Ratio | 1.59/1,000 SF |
| Price | Not Individually For Sale |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 6.28 AC |
| Parking Ratio | 1.59/1,000 SF |
Executive Summary
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.
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.
Listing ID: 7309642
Address: 55 Eastpointe Ridge Dr, Columbus, OH 43213
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