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The Annex of Columbus 2333 Poshard Dr

40 Unit Apartment Building For Sale Columbus, IN 47203

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Investment Highlights

Walking distance to Indiana University of Columbus and Ivy Tech
6.94% increase in rents from 23/24 to 24/25.

6.6% increased enrollment in 2024

Offering Memorandum
Operating and Financials

Property Facts

Sale Type	Investment	Lot Size	4.25 AC
No. Units	40	Building Size	48,420 SF
Property Type	Multifamily	Average Occupancy	100%
Property Subtype	Apartment	No. Stories	2
Apartment Style	Low Rise	Year Built	2016
Building Class	B	Parking Ratio	2.75/1,000 SF

Sale Type	Investment
No. Units	40
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	B
Lot Size	4.25 AC
Building Size	48,420 SF
Average Occupancy	100%
No. Stories	2
Year Built	2016
Parking Ratio	2.75/1,000 SF