Benefits of Leasing
Multifamily Property
Economic Diversity
The city’s economic mixture helps support long-term rental demand. With major employers across healthcare, technology, logistics, finance and education—including The Ohio State University—Columbus continues to attract students, young professionals, families and relocating workers seeking quality rental housing. That can provide you with stable and consistent cash flow even if you face vacancies.
Economic Diversity
Economic Diversity
The city’s economic mixture helps support long-term rental demand. With major employers across healthcare, technology, logistics, finance and education—including The Ohio State University—Columbus continues to attract students, young professionals, families and relocating workers seeking quality rental housing. That can provide you with stable and consistent cash flow even if you face vacancies.
High Demand
You’ll find multifamily properties to lease in a variety of neighborhoods around Columbus, from affluent towns like Dublin to quieter suburbs like Sunbury. Family growth and professional opportunities mean Ohio’s capital city is a hotspot for all types of renters looking for a place to call home. The John Glenn Columbus International Airport also brings national and international travelers to the area looking for short- and long-term rental accommodations.
High Demand
High Demand
You’ll find multifamily properties to lease in a variety of neighborhoods around Columbus, from affluent towns like Dublin to quieter suburbs like Sunbury. Family growth and professional opportunities mean Ohio’s capital city is a hotspot for all types of renters looking for a place to call home. The John Glenn Columbus International Airport also brings national and international travelers to the area looking for short- and long-term rental accommodations.
Portfolio Diversification
Leasing commercial properties allows you to enter the market with lower upfront costs. You have the ability to vet tenants and renters based on your criteria and can test different neighborhoods without making a long-term commitment. Multifamily property investments allow for portfolio diversification and can support other real estate holdings such as office and retail space.
Portfolio Diversification
Portfolio Diversification
Leasing commercial properties allows you to enter the market with lower upfront costs. You have the ability to vet tenants and renters based on your criteria and can test different neighborhoods without making a long-term commitment. Multifamily property investments allow for portfolio diversification and can support other real estate holdings such as office and retail space.
Is Buying Multifamily Space
a Good Investment?
Beyond reliable cash flow and population growth, multifamily properties are typically less volatile investments compared to other commercial real estate. They’re viewed favorably by lenders, so you may have access to more competitive financing rates and loan programs. The strong local market makes Columbus a desirable place for housing development, so new properties are built regularly. That gives you a wider set of options so you can lease properties that suit your portfolio requirements.
Frequently Asked
Questions
Whether you’re looking for a quick answer for more extensive insight, we have answers to common questions about commercial real estate brokerage services.
Which Columbus submarkets perform best for multifamily property investments?
Each suburb surrounding Columbus offers unique benefits, but Dublin, New Albany, Grove City and Hilliard present good growth opportunities.
What economic drivers support multifamily property leasing in Columbus?
The area is home to major employers, including Abercrombie & Fitch, Bath & Body Works, Worthington Enterprises, American Electric Power and Big Lots. Those companies present expansion and job growth opportunities for the local economy.
What payment and documentation are typically required for multifamily leasing?
A 20-30% downpayment is often required. You’ll also need strong financial documentation to showcase your debt service coverage ratio.
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