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Bulk 133-Unit Rental Portfolio

1 East High Street London, OH 43140

1 East High Street, London, OH, 43140
$9,000,000
For Sale
$9,000,000

Residential rental portfolio with 133 units across 34 properties, acquired and renovated from 2018–2022.

Property Size8,712 SF
Price / SF$1,033
Days on Market220

Property Features for 1 East High Street

General Information

Standard status
Active
Size
8,712 SF
Property subtype
Multi-Family / Mixed Use

Building Details

Year Built
1920
Listing agency Verti Commercial Real Estate L
Listed by Brett A Ludwig · License #2016004572
Source Compass
Added: Dec 13, 2025 Updated: Jul 20 at 7:18PM Checked: Jul 21 at 8:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Verti Commercial Real Estate L


Investment Insights

Based on property information with market context.

Offered as a single bulk acquisition, this 133-unit residential rental portfolio is assembled across 34 individual residential and mixed-use properties in London, Ohio (Madison County) and Washington Court House, Ohio (Fayette County). The portfolio was acquired and renovated between 2018 and 2022, with $2.07M deployed as part of demonstrated capital expenditure execution. An in-process renovation program remains in the portfolio.

The ownership history and renovation track record support ongoing operational focus, with the current mark-to-market opportunity described at approximately 37% (about $215 per unit per month). The portfolio is being presented as an institutional-scale income investment, and it is noted as concentrated in two contiguous secondary markets.

Key Highlights

  • 133‑unit residential rental portfolio across 34 individual residential and mixed‑use properties.
  • Acquired and renovated between 2018 and 2022, offering a bulk acquisition structure.
  • Renovated CapEx execution of $2.07M deployed during ownership.

Property Analytics

Location Intelligence

Current Use by Public Records

Castle Bail Bonds Law Firm

Suggested Use

Dental Office Auto Parts Store Spa & Massage Center Pharmacy Real Estate Agency Electrical Service Skin Care Clinic Kitchen & Bath Showroom Grocery & Convenience Store Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Residential rental portfolio with 133 units across 34 properties, acquired and renovated from 2018–2022.
Where is this apartment building located?
The property is located at 1 East High Street London, OH.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: 133‑unit residential rental portfolio across 34 individual residential and mixed‑use properties.; Acquired and renovated between 2018 and 2022, offering a bulk acquisition structure.; Renovated CapEx execution of $2.07M deployed during ownership.
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