




0 Baths
$1,244,444
251-253 W High Street, London OH, 43140
Price per sqftN/A
Built in1970
Property typeTownhomes
Courtesy of Brett A Ludwig - Verti Commercial Real Estate L
Overview
Active
Listed Jun 15, 2026
Updated 2 days ago
This property is fully occupied, stabilized multifamily asset offering investors an attractive, in place cash flow profile from day one. The asset delivers durable income with limited lease-up or repositioning risk, an increasingly rare profile in today's capital markets environment. While near-term net operating income growth may be tempered by anticipated property tax reassessment upon transfer, this dynamic is more than offset by the certainty of cash flow, the strength of in-place tenancy, and the asset's defensible position within its submarket. Underwriting 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 part of a larger Central Ohio Investment Portfolio available for purchase. The full portfolio is 133 units 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. Please see the attached file that breaks down the offering in tranches.
$8,279/mo
Est. mortgage payment based on a $1,244,444 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 226021797
Interior Features
- Bathrooms
- 0
- Basement
- No
Exterior Features
- Lot Size
- 1.1 Acres
Other Property Details
- Taxes
- $7,536
- Tax Frequency
- Annually
Courtesy of Brett A Ludwig - Verti Commercial Real Estate L
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 Kara Barnhart shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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