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Ohio

Jonathan Brody Shlomo Mansbach Michael Schattner Of Base Realty Group Sell Multifamily Asset For $31.975M
SOLDMultiFamily

Jonathan Brody Shlomo Mansbach Michael Schattner Of Base Realty Group Sell Multifamily Asset For $31.975M

$31,975,000

$95/SF

Building Size

335,904 SF

Asset Type

MultiFamily

Closing

Aug 20, 2025

AI

This multifamily asset situated in Columbus & Canal Winchester, OH features 109 units and encompasses a total square footage of 96,600. The sale price for this property was $31,975,000, equating to a price per unit of $293,349 and a price per square foot of $331.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $31,975,000
  • Units: 109
  • Square Footage: 96,600
  • Price Per Unit: $293,349
  • Price Per Square Foot: $331

The deal was facilitated by brokers Jonathan Brody, Shlomo Mansbach, and Michael Schattner from Base Realty Group, highlighting the expertise involved in the transaction.

Players

Jonathan Brody

Base Realty Group

Broker

$1.7B

vol

48 deals

Broker
Base Realty Group
Base Realty GroupBrokerage

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93