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