









Livingston Flats is an 11-unit multifamily property located on the Near East Side of Columbus, offering a fully renovated, turnkey investment in a rapidly evolving urban corridor. The building underwent a comprehensive renovation in 2021, with upgrades down to the studs including all new MEP systems, roofing, windows, and interiors. The unit mix includes one 2-bedroom/2-bath, six 2-bedroom/1-bath, and four 1-bedroom/1-bath apartments. Each unit features in-unit washer/dryer hookups, and the property also offers a shared laundry facility and a resurfaced parking lot with dedicated tenant spaces. The asset benefits from a 15-year, 100% property tax abatement, resulting in annual taxes of only $7,194.50—significantly improving long-term cash flow. The property is ideally located with close proximity to Nationwide Children’s Hospital, Capital University, Bexley, Olde Towne East, and Downtown Columbus, making it attractive to a diverse tenant base of medical professionals, students, and young urban renters. This project exemplifies our approach to investing in well-located, fully improved multifamily assets that offer both near-term stability and long-term value preservation through strategic tax incentives.
