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Updated almost 5 years ago on . Most recent reply

User Stats

107
Posts
44
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Kyle Neff
  • Rental Property Investor
  • Cincinnati, OH
44
Votes |
107
Posts

Commercial MF Property Management Firms in Columbus, OH

Kyle Neff
  • Rental Property Investor
  • Cincinnati, OH
Posted

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!

  • Kyle Neff
  • Most Popular Reply

    User Stats

    309
    Posts
    274
    Votes
    Peter Lohmann
    • Property Manager
    • Columbus, OH
    274
    Votes |
    309
    Posts
    Peter Lohmann
    • Property Manager
    • Columbus, OH
    Replied

    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.

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