Clear Point Gardens

Clear Point Gardens

Columbus, OH

Clear Point Gardens is a 604-unit Class B/C apartment community in Columbus, Ohio. The property is located just 10 minutes away from the new Class A Easton Town Center, a 1.65 million sq. ft. upscale shopping mall attracting over 22.5 million visitors per year. The neighborhood is seeing a rejuvenation driven by the Easton Town Center. A brand new $20M Kroger’s grocery store which will employ 300 employees opened in October 2016 adjacent to the property.

Property Description

Clear Point Gardens is a 604-unit property offering a strong unit mix with 1,2 and 3-bedroom apartments. The north side of the property has 3-story buildings and the south side has 2-story buildings. The property has 7 onsite laundry facilities, 24-hour emergency maintenance and a community pool & playground. Apartment amenities include either a patio or a balcony, linen closets stove/oven, dishwasher and cable ready. Upgraded units are currently getting a $50 rent premium (currently 92 units are upgraded) and offer microwaves, new A/C, countertop replacement and/or countertop resurfacing, new appliances and updated cabinets. Townhomes have W/D hookups. Clear Point Gardens accounts for 41% of the submarket’s inventory offering the property market superiority and pricing power. Through moderate interior upgrades and additional amenities, we can increase rents, push revenue higher, and boost the resale value.

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