Investment Highlights
Ashlar Flats is located conveniently located in Dublin, OH within the Columbus MSA. Ashlar Flats benefits from A-rated schools and favorable local demographics. The Property is located within the Dublin City School District, one of the premier districts in the entire state. Additionally, the Columbus metroplex continues to experience strong growth driven by a growing and diverse employment base. Columbus is home to many large multinational corporations, health systems, and universities; helping to create a young and educated demographic. Ashlar Flats is TruAmerica’s 2nd acquisition in the Columbus MSA,
Property Highlights
The Property consists of one- and two-bedroom units averaging 1,054 square feet. The Property has not undergone a programmatic renovation, thus the opportunity to transform 100% of the homes to a more modern finish-level exists. TruAmerica’s business plan involves renovating all 264 homes to a consistent, higher-end finish by installing quartz countertops with undermount sinks, stainless steel appliances, vinyl plank flooring, upgraded cabinetry, as well as installing full size washer & dryer machines. Additionally, TruAmerica plans to renovate the property’s office, upgrade property exteriors, and install a dog park.
