1 E High Street, London, OH 43140

London
Local realty services provided by:ERA Martin & Associates
1 E High Street,London, OH 43140
$9,000,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brett a ludwig
Office: verti commercial real estate l380-215-6046
MLS#:226017750
Source:OH_CBR

Price summary

  • Price:$9,000,000

About this home

133-unit residential rental portfolio 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 and is offered as a single bulk acquisition. The portfolio presents a rare opportunity to acquire institutional-scale income at a meaningful basis discount, with a seasoned ownership track record, demonstrated CapEx execution of $2.07M deployed, and substantial embedded upside through rental rate increases and operational optimization. The current mark to market opportunity of approximately 37% ($215 per unit, per month) represents the single largest near-term value creation lever. Concentrated in two contiguous secondary markets directly benefiting from Columbus MSA spillover demand, the portfolio offers a buyer a below-replacement-cost basis of $67,669 per unit, workforce housing cash flow stability, and a clear path to value...

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Home facts

  • Year built:1920
  • Listing ID #:226017750
  • Added:1 day(s) ago
  • Updated:May 20, 2026 at 02:47 PM

Structure and exterior

  • Year built:1920
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$9,000,000
  • Tax amount:$6,300
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ERA Martin & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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