Prime Clintonville Location: Well-positioned multifamily asset located at 3677 Indianola Ave in the heart of the highly desirable Clintonville neighborhood, one of Columbus’ most sought-after rental markets known for its walkability, strong demographics, and consistent tenant demand.
Efficient One-Bedroom Unit Mix: The property is comprised entirely of one-bedroom units, a highly liquid and desirable product type that appeals to young professionals, students, and individuals seeking housing in a premier north Columbus location.
Strong Occupancy & Proven Performance: The property benefits from consistently strong occupancy, demonstrating the depth of renter demand in Clintonville and providing stable in-place cash flow for investors.
Significant Rental Upside: Current in-place rents remain below market levels for the Clintonville submarket, presenting a clear opportunity to increase revenue through natural tenant turnover and strategic rent adjustments.
Additional Income Opportunities: The property features on-site storage units that can generate supplemental income, creating an additional revenue stream beyond traditional rental income.
Covered Parking Amenity: Residents benefit from covered parking spaces, a valuable amenity in the Clintonville market that enhances tenant appeal and provides the potential for additional fee-based income.
Compelling Investment Opportunity: With its premium location, strong occupancy, and multiple avenues for income growth, the property offers investors a compelling value-add opportunity with long-term stability in one of Columbus’ most established neighborhoods.