Norwich Court Apartments

Norwich Court Apartments is located in Columbus’s University District, close to The Ohio State University—one of the largest and most prestigious public universities in the nation. This prime location fuels strong rental demand from students, faculty, and university-affiliated professionals. The surrounding neighborhood offers a vibrant mix of retail, dining, and entertainment options, contributing to a dynamic and walkable community. With convenient access to major transportation routes and the broader Columbus metro, this asset presents a compelling opportunity to invest in one of the city’s most resilient and high-demand submarkets.Norwich Court Apartments is a 20-unit multifamily property located in Columbus’s highly desirable University District, just minutes from The Ohio State University. The unit mix consists of 12 one-bedroom/one-bath apartments and 8 two-bedroom/one-bath townhome-style units, catering to steady demand in this well-established rental market. The property currently generates $16,945 per month in rental income, with four vacant units offering immediate lease-up upside and the potential to further increase cash flow. Originally built in 1956 and well maintained, recent improvements include a newly paved front parking lot completed in 2023, enhancing both curb appeal and tenant convenience. Additional amenities such as on-site laundry facilities add to the property’s renter appeal. With a prime location, consistent income, and operational upside, Norwich Court presents a compelling investment opportunity in one of Columbus’s most proven and stable submarkets.