Property Type: Multifamily
Location: Columbus, Ohio
Date Acquired: August 2016
Bridgestone Apartments is a 416-unit multifamily property built in 1998 located in Columbus, OH, in the popular western submarket of Hilliard. Bridgestone Apartments is spread across 26 two-story residential buildings with one free standing clubhouse building. Residents enjoy a private setting in a residential neighborhood and excellent access to the Hilliard submarket’s best amenities, with full-service retail centers just around the corner on the recently renovated Hilliard-Rome Road. The city of Hilliard successfully balances commercial and industrial growth and is home to extensive Class A office, shopping, retail, major employment centers and entertainment. All the new growth is balanced by the revitalization of Old Hilliard-a downtown business district that maintains old-fashioned small town charm. Within minutes of Bridgestone along Hilliard-Rome Road are Kroger, Planet Fitness, Sam’s Club, Dick’s Sporting Goods, LA Fitness, Target, OfficeMax, Old Navy, Michael’s, Bed Bath & Beyond, Giant Eagle, Meijer, Gander Mountain, Wal-Mart Supercenter, and Marshalls. Dining options include everything from fine dining to casual as well as unique venues such as Movie Tavern and Dave and Buster’s. There is 1.7 Million + of retail including 350-acre Mill Run mixed-use development with major national retailers Garden Ridge, Lowes, Target, Staples, Home Depot and the Mall at Tuttle Crossing, a 1.1 Million + SF regional shopping destination anchored by Macy’s, Sears and JC Penny plus more than 130 specialty stores. Hilliard is consistently ranked among Central Ohio’s most rapidly growing suburbs and hosts some of the top ranked Schools. Close proximity to I-270 make all parts of the Columbus metro region easily accessible. Downtown Columbus, 20 minutes east, home to the region’s largest employment base with Nationwide, Huntington, AEP, State Farm, Abbott Nutrition, and both State of Ohio and Franklin County government offices.