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Multifamily

Stratford Commons

1230 Stratford Rd, Delaware, OH 43015

Listing Price: Request For Offer

Number of Units
36
Occupancy
97.0%
Gross SF
31,800

Investment Overview

Marcus & Millichap is pleased to present Stratford Commons, a 36 unit value-add opportunity in Delaware, Ohio (Columbus MSA).

Investment Highlights

  • Owned and Third-Party Managed by Retired Couple Since 2006
  • Significant Rental Upside: In-Place, Nonrenovated Averages are $110 to $250+ Lower than Direct Competitors
  • $250 to $500 Premiums Being Achieved by Neighboring Properties with Renovated Units
  • Well-Maintained Asset with Minimal Deferred Maintenance
  • Walking Distance to Starbucks, Chipotle, Kroger, Walmart, and Many Other Retailers

Exclusively Listed By

Financing By

Multifamily

Stratford Commons

Listing Price: Request For Offer

Number of Units
36
Occupancy
97.0%
Gross SF
31,800

Investment Highlights

  • Owned and Third-Party Managed by Retired Couple Since 2006
  • Significant Rental Upside: In-Place, Nonrenovated Averages are $110 to $250+ Lower than Direct Competitors
  • $250 to $500 Premiums Being Achieved by Neighboring Properties with Renovated Units
  • Well-Maintained Asset with Minimal Deferred Maintenance
  • Walking Distance to Starbucks, Chipotle, Kroger, Walmart, and Many Other Retailers

Investment Overview

Marcus & Millichap is pleased to present Stratford Commons, a 36 unit value-add opportunity in Delaware, Ohio (Columbus MSA).

Exclusively Listed By

Financing By

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