Fully Occupied Multifamily
For Sale
$1,400,000
251253 251-253 W High St, London, OH 43140
Income-producing asset at 251-253 W High St in London, Ohio, built in 1970.
Property SizeContact for details
Days on Market33
Property Features for 251253 251-253 W High St
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Building Details
Year Built
1970
Listing Agency:
Verti Commercial Real Estate L
(614) 600-7273
Listed By:
Brett A Ludwig · License #2016004572
Source:
Thelorilynngroup
Added: Jul 30
Changed: Aug 30
Last Checked: Aug 30 at 3:50PM
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.
This multifamily property at 251-253 W High St in London, Ohio, was built in 1970 and is reported as fully occupied. It is offered as part of a broader Central Ohio investment portfolio comprising 133 units across 34 residential and mixed-use properties in London and Washington Court House.
The portfolio was acquired and renovated between 2018 and 2022. Underwriting for the offering projects an approximate 18% levered internal rate of return and a 10% average cash-on-cash yield over the projected hold period. The property is offered for sale as an individual asset within the larger portfolio offering.
The portfolio was acquired and renovated between 2018 and 2022. Underwriting for the offering projects an approximate 18% levered internal rate of return and a 10% average cash-on-cash yield over the projected hold period. The property is offered for sale as an individual asset within the larger portfolio offering.
Key Highlights
- Fully occupied multifamily property at 251‑253 W High St, London, OH 43140
- Built in 1970
- Included in a 133‑unit Central Ohio portfolio
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
Explore this area
Business Placement
Demographics for 43140, OH
24,030
Population
8,419
Households
2.9
Avg Household Size
41
Median Age
20%
College-Educated
87%
High-School Grad
219.9 sq mi
ZIP Area
109
Density / Sq Mi
$82,598
Median Household Income
$44,378
Median Earnings
$901
Median Rent
$228,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Income-producing asset at 251-253 W High St in London, Ohio, built in 1970.
Where is this multifamily property located?
The property is located at 251253 251-253 W High St London, OH.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Fully occupied multifamily property at 251‑253 W High St, London, OH 43140; Built in 1970; Included in a 133‑unit Central Ohio portfolio
