Thinking About Investing in Multifamily? Start Here.

January 6, 2022July 18, 2022 Alexa BroylesCarter Stephens, commercial real estate, Conor David, CRE, industrial, investment, Investment Sales Team, land, multifamily, retail, transactions, Tyler Watkins, Warehouse

Overall, 2021 was a strong year for NAI Ohio Equities. December closings included several land deals and office leases. One of our largest transactions for the month was the sale of Huntwork Gardens, a multifamily portfolio located in Pickerington, Ohio, consisting of 24 units. Huntwork Gardens presented investors with a well-maintained asset that offered both short and long-term paths for return on investment. The 100% occupied property had current rents well below the submarket average which created an opportunity for investors to capitalize on the rent delta. The condition and…

Looking for an Investment Property? Self-Storage May Offer a Unique Opportunity

October 7, 2021July 18, 2022 Alexa BroylesCarter Stephens, columbus, columbus ohio, commercial real estate, Conor David, distribution, industrial, Investment Sales Team, just leased, multi-family, office, property, retail, self-storage, Tyler Watkins, Warehouse

September commercial real estate transactions remained steady and accounted for roughly 325,000 sq. ft. in sold or leased, office, investment, industrial, and retail properties in our office. One of our largest sales was 485 Lee Street in Belpre, Ohio. The self-storage facility featured nearly 78,000 sq. ft. of rentable space and an astounding 465 units. Self-storage continues to be a desired investment sector, and has gained significant interest recently for several reasons. To begin, explained Investment Team Broker, Tyler Watkins, self-storage properties tend to be easier to manage and have…