Multifamily
Springfield 60
1124 Winton Pl, Springfield, OH 45503
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present Springfield 60, a fully leased, 60-unit portfolio across three properties in Springfield, Ohio. The offering includes 45 two-bedroom and 15 three-bedroom townhomes with in-unit washer/dryers and individual HVAC systems, totaling 72,700 rentable square feet across 7.26 acres. Completed in 2023 and 2024, all three properties benefit from 15-year tax abatements and a desirable unit mix including spacious townhomes, presenting investors with income upside through lease-up renewals in a strong rental market.
Springfield 60
Investment Highlights
- Built in 2023–2024, Springfield 60 Offers 60 Modern Two- and Three-Bedroom Units with In-Unit Laundry, HVAC, and Townhome Layouts, Minimizing Capital Needs and Attracting Quality Tenants.
- Springfield 60 Offers Rent Upside with Pro-Forma Rents $125+ Above Current Levels and Comps Achieving $200+ More, Creating a Strong Value-Add Opportunity in a Supply-Constrained Submarket.
- The Portfolio has a 15-Year Tax Abatement through 2039 and Sits in a Growth Market Near Dayton and Columbus, with $1.3B in New Investment and Major Industrial Expansions in 2024.
Exclusively Listed By
Investment Highlights
- Built in 2023–2024, Springfield 60 Offers 60 Modern Two- and Three-Bedroom Units with In-Unit Laundry, HVAC, and Townhome Layouts, Minimizing Capital Needs and Attracting Quality Tenants.
- Springfield 60 Offers Rent Upside with Pro-Forma Rents $125+ Above Current Levels and Comps Achieving $200+ More, Creating a Strong Value-Add Opportunity in a Supply-Constrained Submarket.
- The Portfolio has a 15-Year Tax Abatement through 2039 and Sits in a Growth Market Near Dayton and Columbus, with $1.3B in New Investment and Major Industrial Expansions in 2024.
Investment Overview
Marcus & Millichap is pleased to present Springfield 60, a fully leased, 60-unit portfolio across three properties in Springfield, Ohio. The offering includes 45 two-bedroom and 15 three-bedroom townhomes with in-unit washer/dryers and individual HVAC systems, totaling 72,700 rentable square feet across 7.26 acres. Completed in 2023 and 2024, all three properties benefit from 15-year tax abatements and a desirable unit mix including spacious townhomes, presenting investors with income upside through lease-up renewals in a strong rental market.
Exclusively Listed By
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