Good Neighborhoods in Columbus for 4+ unit MF

[Chris Mooney]

Hi all!

OOS investor here. I have a portfolio in Cleveland, but want to expand to Columbus for the appreciation potential that is not as strong in CLE. What are some neighborhoods to consider in the A- to C+ range for 4-12 unit MFH? I've seen parts of Franklinton, have heard north and South Linden are worth a look, and some random suburbs. But curious to hear from some local investors on best places to consider.

[Patrick Drury]

@Chris Mooney
I would recommend checking out areas like Hilltop, Linden, Eastmoor/ Whitehall, and Franklinton. These are areas where you can cash flow in Columbus because the rent-to-price ratio is favorable. Out of these areas, Franklinton and Linden are seeing some of the most development. With things like the ONE Linden plan in Linden, which is a 50M plan to improve the neighborhood. Of that 50M, 25M was allocated for the construction of a new recreational facility that has since been completed. Franklinton has been seeing lots of developments like the completion of Gravity Phase 1 and phases 2 and 3 on the way. As well as coffee shops like Bottoms Up Coffee are moving in and small microbreweries like Brew Dog and Land Grant.