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The Judge's Mansion 83-87 Wilson Ave 8 Unit Apartment Building $1,778,192 CAD ($222,274 CAD/Unit) 6.50% Cap Rate Columbus, OH 43205
Investment Highlights
- One bed/one bath suites with kitchen/kitchenettes
- Located in Olde Towne East near Downtown Columbus/Franklin Park Conservatory and walking distance to newly developed East Market/Trolly District
- Established identity with repeat and referral-driven bookings
- Established Social Media presence with over 16K followers
- Locally recognized and featured on 'Out and About Columbus'
- Located in Olde Towne East – one of Columbus’ fastest-growing neighborhoods
Executive Summary
Boutique Stabilized/Turnkey STR Opportunity -JUDGES MANSION
The Judge’s Mansion is a unique, fully furnished short-term rental asset in Olde Towne East, designed specifically for group stays, events, and extended visits. The property features eight individually rentable suites, each with its own kitchen or kitchenette, allowing for flexible use as either a full property rental or segmented bookings. With an established operating history, strong guest demand, and multiple revenue streams, this is a turnkey investment with immediate income and additional upside through continued optimization.
The Judge’s Mansion is a unique, fully furnished short-term rental asset in Olde Towne East, designed specifically for group stays, events, and extended visits. The property features eight individually rentable suites, each with its own kitchen or kitchenette, allowing for flexible use as either a full property rental or segmented bookings. With an established operating history, strong guest demand, and multiple revenue streams, this is a turnkey investment with immediate income and additional upside through continued optimization.
Property Facts
| Price | $1,778,192 CAD | Building Class | C |
| Price Per Unit | $222,274 CAD | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 4,710 SF |
| Cap Rate | 6.50% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1880/2016 |
| Property Subtype | Apartment | Parking Ratio | 0.85/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | Commercial - 401 Apartmen | ||
| Price | $1,778,192 CAD |
| Price Per Unit | $222,274 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 4,710 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1880/2016 |
| Parking Ratio | 0.85/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Commercial - 401 Apartmen |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Bay Window
- Ceiling Fans
- Tile Floors
- Crown Molding
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Wi-Fi
- Yard
- Coffee System
- Family Room
- Handrails
- Lawn
- Linen Closet
- Smoke Free
- Window Coverings
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Guest Apartment
- Online Services
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 010-011570 | Improvements Assessment | $142,741 CAD |
| Land Assessment | $18,593 CAD | Total Assessment | $161,334 CAD |
Property Taxes
Parcel Number
010-011570
Land Assessment
$18,593 CAD
Improvements Assessment
$142,741 CAD
Total Assessment
$161,334 CAD
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The Judge's Mansion | 83-87 Wilson Ave
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