1835 E Home Rd

Highlights:

• Age: 1-5 Years Old

Description:

New-Construction Multifamily Investment
1835 E Home Rd | Springfield, OH 45503
Offered at $4,350,000 | 28 Units | NOI: $315K
A rare opportunity to acquire a fully stabilized, new-construction multifamily asset featuring high-end finishes, strong in-place income, and long-term tax advantages. Purpose-built for today’s renter and tomorrow’s investor, this property combines durability, design, and dependable cash flow in one compelling package.


Investment Highlights - 28 Luxury Units – 100% Occupied
Immediate income with zero lease-up risk


New Construction (2024)
Modern systems, minimal deferred maintenance, long useful life


High-End Finishes Throughout
Premium interiors that command strong rents and reduce turnover


15-Year Tax Abatement
Exceptional operating efficiency and enhanced net returns


Strong In-Place NOI: $315,000
Predictable cash flow with long-term stability


Institutional-Quality Asset
Ideal for private investors, syndicators, or 1031 exchange buyers


The Opportunity
This is not a value-add story—it’s a turnkey, cash-flowing asset designed to perform from day one. With brand-new construction, full occupancy, and a long-term tax abatement, ownership benefits from reduced expense exposure while capturing consistent yield in a supply-constrained market.
The combination of quality construction, premium tenant appeal, and tax advantages positions this asset as a long-term hold with downside protection and upside durability.


Pricing & Performance - Purchase Price: $4,350,000 - Net Operating Income: $315,000


Stabilized, Low-Risk Income Stream


Why This Asset Stands Out
In a marketplace where new construction is increasingly expensive and operational risk is rising, 1835 E Home Rd offers what investors are actively seeking:
certainty of income, quality of construction, and long-term cost control.


Fully stabilized. Tax-advantaged. Built to last.
A premier multifamily investment opportunity in Springfield, Ohio.


Patrick Williams Vice President Commercial Sales & Leasing, Coldwell Banker Commercial | Heritage (937) 360-9952 (p) | (937) 360-9952 (m) patrick.williams@cbcommercial-heritage.com

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Listing ID: e535608c-3ae1-46d3-b7d6-3b43d5651b39