$1,900,888

Apartment Columbus

  • 14,811 Sqft lot
  • Updated: August 5
  • 1
    Views for last 30 days
  • MLS#226025465

About the Property

Rare opportunity to acquire a beautifully maintained 10-unit brick apartment building located on desirable Thurman Avenue in one of Columbus’ most sought-after rental corridors. The apartments consist of 8 - 2 bedroom & 2 - 1 bedroom. All upstairs units have wooden floors. This property has 2 parking lots.

Institutional-quality investment opportunity combines strong in-place income, e
Rare opportunity to acquire a beautifully maintained 10-unit brick apartment building located on desirable Thurman Avenue in one of Columbus’ most sought-after rental corridors. The apartments consist of 8 - 2 bedroom & 2 - 1 bedroom. All upstairs units have wooden floors. This property has 2 parking lots.

Institutional-quality investment opportunity combines strong in-place income, extensive capital improvements, and exceptional long-term upside.

The property features a proven mix of traditional leases and furnished monthly rentals, offering future owners multiple strategies to increase income. Pro forma operating scenarios demonstrate the potential for significant NOI growth through expanded furnished monthly rentals.

Ownership has invested extensively in renovations and major mechanical improvements, minimizing near-term capital expenditures. The property has been professionally managed with meticulous attention to maintenance, tenant retention, and operational efficiency.

Located just minutes from Downtown Columbus, Nationwide Children’s Hospital, Schiller Park, restaurants, coffee shops, breweries, and the heart of German Village, this walkable location continues to attract strong rental demand from professionals, healthcare employees, graduate students, and long-term residents.

Current ’Property Manager’ is available to continue managing the property after the sale under a separate agreement, offering investors a unique opportunity to continue the property’s proven operating model or expand it.

Offering Memorandum available upon request. This property is Agent Owned
  • Property type

    Apartment

  • Year built

    1963

Features

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295 Thurman Avenue, Columbus, OH 43206, Ohio, United States View on Google Maps
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Rori Lowe

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Rori Lowe
United States
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2023
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Keller Williams Capital Partners Realty
Keller Williams Capital Partners Realty
100 E. Wilson Bridge Rd., 43085, Worthington, United States
View agency profile
Last updated
August 5
First listed
Jul 10
Agent licence
#2019005547
Listing reference
2135304723324238
Listing status
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