About
About Clear Stone Place
The Cushman & Wakefield Multifamily Advisory Team is pleased to present the exclusive listing of Clear Stone Place, a 144-unit apartment complex located in Columbus, Ohio. This recently improved asset offers an attractive opportunity for investors to acquire a well-located property poised for significant income growth within a transforming neighborhood. Clear Stone Place Apartments benefits from recent capital expenditures of approximately $1.3 million, encompassing comprehensive unit interior renovations and various exterior enhancements. Furthermore, the property is strategically located in close proximity to the expansive Eastland Mall redevelopment and Eastland neighborhood revitalization, a catalyst for economic growth and increased housing demand in the area. With a significant number of leases currently below market rates and the surrounding neighborhood undergoing substantial revitalization, Clear Stone Place Apartments presents a compelling opportunity for new ownership to capitalize on proven market rents and the dynamic growth of the Eastland area, ultimately driving strong returns.
Investment Highlights:
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