The Falls at Arlington_Propriété à vendre
The Falls at Arlington_Propriété à vendre

The Falls at Arlington

2283 Graydon Boulevard, Columbus, OH, 43220, US

Description de l'actif

Jones Lang LaSalle Americas (Illinois), L.P. (JLL) is pleased to present The Falls at Arlington (the “Property” or “The Falls”), a 133-home garden-style community located in northern Columbus. This 100% occupied community offers nearly all one-bedroom units on a quiet cul-de-sac street.


Located in the desirable Upper Arlington neighborhood of Columbus, The Falls at Arlington boasts close access to prime employers, distinguished educational institutions, and leading medical facilities. Residents of The Falls enjoy exceptional dining and retail options in close proximity, as well as an abundance of well-known golf courses, parks, and nature reserves in the surrounding area. This investment opportunity is available free & clear or with an accretive assumable loan (fixed at 2.91% with 70 months remaining on the term).

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Attributs

Année de construction
1986
Nombre d'unités
133
Occupation
100 %

Média

Points forts de l'investissement

Ideal Asset Profile

  • Consistent 98%+ Occupancy over the Last Twelve Months
  • Limited Supply Creates Room to Push Rents
  • Low Rent-to-Income Ratio (8%) Drives Rent Increases
  • Accretive Assumable Debt with 2.91% Fixed Rate
  • 78% Renewal Rate in 2024


In-Demand Location

  • Adjacent to the renowned Ohio State University
  • Located near 16 Fortune 1000 headquarters
  • Minutes from Multiple Well- Known Attractions Including the Columbus Zoo, Muirfield Village Golf Club and Scioto Country Club
  • Easy Access to John Glenn International Airport


Favorable Columbus Market Forecast

  • 95% Projected 4-Yr Avg. Occupancy*
  • 3% Projected 4-Yr Avg. Rent Growth*
  • One Million Projected Population Growth by 2050
  • Continual High Quality of Life at Low Cost of Living

*Real Page Analytics, 3Q24


Elevated Living Experience

  • Located on a Quiet Cul-De-Sac surrounded by Lush Grounds
  • Ranch-Style Apartments with Private Entrances
  • Quality Interiors including: Vaulted Ceilings and a Breakfast Bar
  • Private Patios for Every Unit
The Falls at Arlington 4_Propriété à vendre
The Falls at Arlington 4_Propriété à vendre

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Dernière mise à jour
21 janv. 2025