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12 Unit + 1 Commercial space 548 W State St 12 Unité Immeuble d’appartements 5 814 522 $ CAD (484 544 $ CAD/Unité) Columbus, OH 43215
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Turnkey opportunity
- Ideally positioned for long-term appreciation and income growth
- Significant upside as rents are currently under market
RÉSUMÉ DE L'ANNONCE
Exceptional Investment Opportunity in Franklinton!
Built in 2019, this modern 12-unit apartment building plus 1 commercial space offers an outstanding turnkey opportunity in one of Columbus's fastest-growing neighborhoods. The property features twelve 1-bedroom, 1-bath units with tenant-paid utilities and strong occupancy — currently 100%. Designed for low-maintenance ownership, the building provides solid cash flow with significant upside as rents are currently under market.
Located at 548 W State Street, it provides direct access to the heart of Franklinton's vibrant arts district and all that downtown Columbus has to offer and major downtown employers.
With continued neighborhood revitalization, new development, and rising rental demand, this property is ideally positioned for long-term appreciation and income growth. Whether you're an experienced investor seeking a stabilized asset with value-add potential or expanding your Columbus portfolio, 548 W State presents a rare opportunity to own a newer-construction multifamily property in a premier urban location.
The property is located in a Qualified Opportunity Zone. Any new owners/investors will receive a one time 10% state of Ohio tax credit on equity and debt. The property also qualifies for federal opportunity zone tax credit on capital gains. Tax Abatement in place until 2034 per auditor. The owners finalized the build out of the 1500 sqft commercial space in Feb 2025.
A marketing website for tenant applicants will transfer to new buyers: https://www.548weststate.com/
Please contact Jay Richardson at jayrich98@gmail.com or 614.634.3983 to request financials and for any other inquiries.
Built in 2019, this modern 12-unit apartment building plus 1 commercial space offers an outstanding turnkey opportunity in one of Columbus's fastest-growing neighborhoods. The property features twelve 1-bedroom, 1-bath units with tenant-paid utilities and strong occupancy — currently 100%. Designed for low-maintenance ownership, the building provides solid cash flow with significant upside as rents are currently under market.
Located at 548 W State Street, it provides direct access to the heart of Franklinton's vibrant arts district and all that downtown Columbus has to offer and major downtown employers.
With continued neighborhood revitalization, new development, and rising rental demand, this property is ideally positioned for long-term appreciation and income growth. Whether you're an experienced investor seeking a stabilized asset with value-add potential or expanding your Columbus portfolio, 548 W State presents a rare opportunity to own a newer-construction multifamily property in a premier urban location.
The property is located in a Qualified Opportunity Zone. Any new owners/investors will receive a one time 10% state of Ohio tax credit on equity and debt. The property also qualifies for federal opportunity zone tax credit on capital gains. Tax Abatement in place until 2034 per auditor. The owners finalized the build out of the 1500 sqft commercial space in Feb 2025.
A marketing website for tenant applicants will transfer to new buyers: https://www.548weststate.com/
Please contact Jay Richardson at jayrich98@gmail.com or 614.634.3983 to request financials and for any other inquiries.
FAITS SUR LA PROPRIÉTÉ
| Prix | 5 814 522 $ CAD | Classe d’immeuble | B |
| Prix par unité | 484 544 $ CAD | Taille du lot | 0,11 AC |
| Type de vente | Investissement | Taille du bâtiment | 10 176 pi² |
| Nombre d’unités | 12 | Nombre d’étages | 3 |
| Type de propriété | Immeuble residentiel | Année de construction | 2020 |
| Sous-type de propriété | Appartement | Zone de développement économique |
Oui
|
| Style d’appartement | De faible hauteur | ||
| Zonage | C | ||
| Prix | 5 814 522 $ CAD |
| Prix par unité | 484 544 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 12 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 0,11 AC |
| Taille du bâtiment | 10 176 pi² |
| Nombre d’étages | 3 |
| Année de construction | 2020 |
| Zone de développement économique |
Oui |
| Zonage | C |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
- Balcon
- Traitement des déchets
- Micro-ondes
- Ventilateurs de plafond
- Cuisine
- Accès Internet à haute vitesse
COMMODITÉS DU SITE
- Clubhouse
- Centre de conditionnement physique
- Installations de lessive
- Gestionnaire d'immeuble sur place
- Entretien sur place
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 12 | - | 502 - 577 |
Bike Score®
Très cyclable (82)
Impôts fonciers
| Numéro de lot | 010-010589 | Évaluation des bâtiments | 806 416 $ CAD |
| Évaluation du terrain | 22 403 $ CAD | Évaluation totale | 828 819 $ CAD |
Impôts fonciers
Numéro de lot
010-010589
Évaluation du terrain
22 403 $ CAD
Évaluation des bâtiments
806 416 $ CAD
Évaluation totale
828 819 $ CAD
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Présenté par
Jeffrey Krider, Broker
12 Unit + 1 Commercial space | 548 W State St
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