Quelle:
Columbus and Central Ohio Regional MLS
MLS#226041848
Über die Immobilie
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125 W Dodridge Street is a 46-unit multifamily investment opportunity. The property offers significant value-add potential through continued unit renovations and rent growth, with renovated units already demonstrating strong rental premiums. Situated on approximately 1.53 acres, the asset benefits from below-market in-place rents, recent capital improvements, and a highly desirable university-area
125 W Dodridge Street is a 46-unit multifamily investment opportunity. The property offers significant value-add potential through continued unit renovations and rent growth, with renovated units already demonstrating strong rental premiums. Situated on approximately 1.53 acres, the asset benefits from below-market in-place rents, recent capital improvements, and a highly desirable university-area location. In addition to its near-term cash flow upside, the site offers long-term redevelopment potential under the Mixed-Use 2 future land use designation, including the potential for a 5-7 story mixed-use development. Investors may also have the opportunity to pursue a 15-year CRA tax abatement.