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Updated almost 5 years ago on . Most recent reply
Commercial MF Property Management Firms in Columbus, OH
Hello BP Community! Our group is expanding into the Columbus, OH market. We invest exclusively in mid-size, B/C multifamily assets (80-150 units) in the value-add and core plus spaces.
I am looking for experienced Property Management companies in the Columbus area who focus in that unit range and asset class. Seeking a mid-size operator who is city-wide/regional and is comfortable taking on value-add opportunities.
Look forward to connecting and any referrals you might have!
Most Popular Reply
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For under 100 units, there are several firms who can do a good job. In Columbus, that size can comfortably be managed remotely (from a central office) with no on-site staff. Be sure to talk to Panzera and Solutions 4 Real Estate. Maybe one other... ;)
Over 100 units, it's a totally different ball game. Different pricing, different companies, on-site management. I suggest talking to Link Real Estate Group and Oakwood Management.
I would also draw a pretty clear distinction between C class and B class. Not many firms can do a good job managing C class properties of any size, especially C- (which is what many people call C). Again, different set of operators and management companies. For example, we take on B class and some C+, but never below that. I know Panzera and S4RE are similar. If you are looking at management for true C class or below with under 100 units, talk to Donny Thompson with ERA. Over 100 units, no idea.
If you PM me I can give you contact info for all these companies.