133 Unit Ohio Portfolio

London, Ohio serves as the county seat of Madison County and is located approximately 30 miles west of Columbus along U.S. Route 40 and Interstate 70. The city benefits directly from proximity to the Columbus MSA — Ohio’s largest and one of the fastest-growing metropolitan areas in the Midwest — while maintaining a substantially lower cost of living and a far less competitive housing market. Madison County’s employment base is anchored by manufacturing, distribution, logistics, and light industrial operations, providing stable and durable demand for the workforce housing tenant profile represented in this portfolio. With median home values in the area still well below the Ohio state average, the ownership-to-rental conversion dynamic and limited new multifamily supply create a structurally favorable environment for sustained rental income growth. Washington Court House serves as the county seat of Fayette County and is located approximately 50 miles southwest of Columbus. Similar to London, it represents a workforce housing market supported by a stable base of manufacturing and service-sector employment. The portfolio’s smaller cluster of Washington Court House properties, acquired between 2021 and 2022, provides geographic diversification of income streams across two contiguous secondary markets — both positioned within the Columbus MSA’s zone of economic influence.Verti Commercial Real Estate is pleased to present the Central Ohio Investment Portfolio, a 133-unit residential rental portfolio assembled across 34 individual residential and mixeduse properties in London, Ohio (Madison County) and Washington Court House, Ohio (Fayette County). The portfolio was acquired and renovated between 2018 and 2022 under three operating entities Ohio State Property Investors, USA Investment Group, and The Woodlands LLC — 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 market 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 creation through systematic lease-up and completion of the in-process renovation program.