Circleville Portfolio – INCOME PROPERTY ORGANIZATION

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Circleville Portfolio

Available: $6,850,000

Circleville, OH 43113
Property Type: Multifamily
Total Number of Units: 90
Price Per Unit: $76,111
Average Square Feet: 789

Listing Agent: Paul McHugh, J.D.

Location

SUMMARY:

The six properties included in Circleville Portfolio are located throughout the city, and the units are a mix of apartments and townhomes. The units average 778 square feet, with an average rent of $839. Our rent comparable analysis shows the current rents are below market; over $100 for the one-bedroom, about $97 for the two-bedroom, and over $200 for the three-bedroom units. This confirms there is plenty of upside to still be achieved. Circleville Portfolio is operating at 100% occupancy and the community shows strong historical occupancy. Circleville Portfolio represents a stable asset in a tertiary market, that provides a great value-add opportunity. Contact IPO to set up a confidential tour.

MEET OUR TEAM

Founder | Managing Member, Michigan | Sales Associate, Kentucky

Associate Broker, Michigan | Broker, Illinois

A.J. Beachum, J.D.

Associate Broker, Michigan | Broker, Ohio

Associate Broker, Michigan | Managing Broker, Indiana

Sales Associate, Michigan, Ohio, & Kentucky

Sales Associate, Michigan

Paul McHugh, J.D.

Managing Broker, Kentucky | Associate Broker, Ohio | Sales Associate Michigan

Associate Broker, Michigan | Executive Assistant

Managing Broker, Florida | Broker, Indiana | Sales Associate, Michigan & Ohio

Sales Associate, Michigan & Ohio