Grandview Apartments by Albion
COLUMBUS, OH
Acquired in 2017, Grandview Apartments by Albion underwent a complete $23,000 per unit renovation and complete modernization of the common area amenity spaces. This extensive revival transformed the outdated community into a contemporary space, brandishing significantly upgraded apartment interiors and amenities far exceeding those of new market developments. This Albion-designed and delivered product was, and continues to be, incredibly well-received by the surrounding market. In 2022, Grandview Apartments by Albion was voted the #2 apartment community in Columbus by (614) Magazine. The property was sold in December 2023 after a successful 7-year hold.
%
7-year hold / IRR
Acquisition
Sold Q4
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Additional Project Info
Project Launch
- Acquired in 2017, Grandview Apartments by Albion underwent a complete $23,000 per unit renovation and complete modernization of the common area amenity spaces.
News
Spotlight & News
- In 2022, Grandview Apartments by Albion was voted the #2 apartment community in Columbus by (614) Magazine.
- The property was sold in December 2023 after a successful 7-year hold.
Project Detail
Albion focuses on three types of development to create value for our partners, investors and stakeholders in the community. Ground-up Development, Adaptive Reuse, and Value Add Acquisitions.
Company
ALBION RESIDENTIAL
1211 W 22ND ST, STE 408
OAK BROOK, IL 60523