2876-2878 Mcguffey Road, Columbus, OH 43224

Property Description

Value-add portfolio opportunity in Columbus: 16 properties and 23 units, offered as a package at $2,190,000 (~$95,000 per unit), with each property also available individually. The portfolio includes 12 single-family homes, 2 duplexes, a triplex, and a fourplex. 13 of the 23 units are currently leased, generating $14,514 per month ($174,000+ annually) in rent, so new owners have cash flow from day one as they stabilize the portfolio. Five fully vacant properties are well suited for a BRRRR or fix-and-flip, and the vacant units in the partially leased triplex and fourplex add lease-up and rent upside. Most of the portfolio is in Linden, just north of Downtown Columbus, with quick access to I-71, Cleveland Avenue, and Hudson Street, in a neighborhood seeing active revitalization and new development. Three additional homes are on Columbus's Westside. Affordable per-door pricing makes this a flexible fit for investors who want to scale in one move or pick off the individual properties that match their strategy.