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Garden-Style Apartment Community
For Sale
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Pending

3691 Windward Way, Columbus, OH 43204

Built in 1972, the community offers 192 units across eight 3-story buildings with multiple on-site amenities.

Property SizeContact for details
Days on Market165

Property Features for 3691 Windward Way

General Information

Standard status Pending
Class C
Total Parking Spaces 325
Property subtype Multifamily
Occupancy 75%
Investment Type Value Add

Building Details

Year Built 1972
Buildings 8
Stories 3
Units 192
Listing Agency: Colliers - Columbus, Ohio
Listed By: Cody J. Carey · License #2019002920
Source: Crexi
Added: Mar 25 Changed: Aug 8 Last Checked: Jul 27 at 7:57PM

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 Colliers - Columbus, Ohio

Investment Insights

Based on property information with market context.

Pine Crossing Apartments, built in 1972, is a 192-unit multifamily community made up of eight 3-story garden-style buildings. The property includes ample green space and on-site amenities such as a clubhouse, fitness center, swimming pool, picnic area, community gardens, and laundry facilities. Current occupancy is reported at 75%, and the unit mix includes 14% one-bedrooms, 73% two-bedrooms, and 13% three-bedrooms.

The property is described as having convenient access to major transportation corridors, including I-70 and I-270, supporting connectivity to Downtown Columbus and major employment hubs. It is also noted for frontage along Wilson Road and its location within the Hilliard School District.

Per the seller’s remarks, Pine Crossing has completed its final year of a decontrol period and operates as a 100% market-rate multifamily property, with no restrictive covenants at the time of offering. The listing also references the opportunity to benefit from market-rate operations following the expiration of the LURA in 2023.

Key Highlights

  • Pine Crossing Apartments built in 1972 and features 192 total units across eight 3‑story garden‑style buildings.
  • Unit mix: 14% one‑bedroom, 73% two‑bedroom, and 13% three‑bedroom.
  • Currently 75% occupied and listed as operating 100% market‑rate following completion of its decontrol period.

Property Analytics

Current Use

Pine Crossing Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Pharmacy Gym & Fitness Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 43204, OH

42,315
Population
19,286
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
4,502
Density / Sq Mi
$59,158
Median Household Income
$38,610
Median Earnings
$1,206
Median Rent
$170,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1972, the community offers 192 units across eight 3-story buildings with multiple on-site amenities.
Where is this apartment building located?
The property is located at 3691 Windward Way Columbus, OH.
What are key features of this property?
This property features: Pine Crossing Apartments built in 1972 and features 192 total units across eight 3‑story garden‑style buildings.; Unit mix: 14% one‑bedroom, 73% two‑bedroom, and 13% three‑bedroom.; Currently 75% occupied and listed as operating 100% market‑rate following completion of its decontrol period.
More about this property
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