1551 Bryden Rd Columbus, OH 43205

Listing agency Waller Group Homes l***@loganwaller.com Show Phone

Listed by Logan Waller · License #TX 0479147

Source Crexi

Added: Apr 11 Updated: Jul 21 at 2:41PM Checked: Jul 21 at 2:41PM

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Investment Insights

Based on property information with market context.

This is a value-add 153-unit apartment property in Columbus, OH, currently 69.9% occupied. The asset was renovated in the 1990s with a complete property overhaul reportedly totaling $10M, and recent upgrades include fire alarm systems, elevator work, and unit interiors with over half of the cabinets replaced.

The property also includes 20,000 SF of vacant commercial space that the current ownership states can be converted to approximately 25 additional units. Current management includes one leasing agent on-site and two maintenance technicians.

The property is located at 1551 Bryden Rd and is described as being just minutes from Columbus State University, Franklin University, Downtown Columbus, and the Capital. It is also within a 5-minute walk of the $50M Trolley District Development. In the Bexley/Whitehall multifamily submarket, the data provided reflects 9.6% 12-month effective rent growth with 4.6% vacancy.

Key Highlights

• 153‑unit value‑add multifamily property in Columbus, OH, currently 69.9% occupied
• Renovated with a $10M complete property overhaul in the 1990s
• 20,000 SF vacant commercial space available to convert to approximately 25 additional units

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FAQs

What type of property is this?

Multifamily property - Value-add multifamily with 153 units, 20,000 SF vacant commercial space, and renovations including fire alarms and elevators.

Where is this multifamily property located?

The property is located at 1551 Bryden Rd Columbus, OH.

What are key features of this property?

This property features: 153‑unit value‑add multifamily property in Columbus, OH, currently 69.9% occupied; Renovated with a $10M complete property overhaul in the 1990s; 20,000 SF vacant commercial space available to convert to approximately 25 additional units