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).
Stratford Commons
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
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).
