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This is an opportunity to acquire three value-add multifamily communities in Columbus offered as a package at $6,120,000 ($68,764 per unit), a $35,000 discount to the combined individual prices. Pine Hill Townhomes (32 units), Melrose Manor (33 units), and Village on Courtright (24 units) total 89 units, 86.5% occupied (77 of 89), with combined T-12 NOI of $519,884 (8.49% cap). In-place rents sit below market at all three, and the 12 vacant units represent $11,770 per month at market, with roughly $10,000 per month more available on occupied units through turnover and renewals. RUBS or utility income is in place at all three. Located in southeast and northeast Columbu...s with access to I-270, I-70, and the Cleveland Avenue and US-40 corridors. An opportunity to acquire 89 units under one ownership with in-place cash flow and a clear path to higher rents.

Columbus REALTORS®, MLS#: 226042123
Listed By: Forge Real Estate Advisors, Joey Allen Miller
Co-listed By: Zeke Liston

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Listed By:
Forge Real Estate Advisors
Joey Allen Miller
Zeke Liston

Data Source: Columbus REALTORS®

MLS#: 226042123

Data Source Copyright: © 2026 Columbus REALTORS® All rights reserved.

Provided by Columbus REALTORS®. © 2026 All rights reserved.

This property was listed on 11/6/2026 and last updated as of 11/6/2026 2:06:15 PM. OSI IDX updated the data from Columbus REALTORS® on 11/6/2026 at 11:11 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.