934 East Gay Street, Columbus, OH 43203

Colliers is pleased to present Flats On East Gay to the market. Located in the dynamic Olde Towne East submarket, one of Columbus' most rapidly evolving urban neighborhoods characterized by historic architecture, strong community identity, and an expanding base of neighborhood retail. Flats on East Gay is the epitome of a boutique urban infill asset with significant multigenerational economic drivers of Nationwide Children's Hospital, OhioHealth Grant Hospital and Columbus State Community College located nearby. Olde Towne East has experienced significant public and private investment in recent years, driving revitalization through new residential development, adaptive reuse, and streetscape improvements. Major infrastructure investments such as Nationwide Children's Main Hospital expansion, OhioHealth's Grant Hospital's New Trauma Hospital, Columbus State's expansions to meet Columbus' workforce demand for tomorrow, and COTA's LinkUS Bus Rapid Transit will continue to positively reinforce the Olde Towne East's fundamentals. Flats On East Gay benefits from immediate proximity to Downtown Columbus and key lifestyle corridors, offering residents walkable access to dining, entertainment, and cultural amenities while maintaining a neighborhood-orientated feel. Continued momentum in the submarket positions Flats On East Gay to benefit from ongoing rent growth and increasing tenant demand.

Flats on East Gay is a newly developed tax-abated 25-unit boutique multifamily asset built in 2023. The property offers a differentiated living experience through its blend of timeless architectural design and efficient, modern interiors. Tailored towards young professional, medical workers, and university students, it's distinctive modern Colonial and New-England-inspired exterior, complemented by thoughtfully designed units with contemporary finishes, open layouts, and in-unit amenities, offers an attainable luxury experience. Property amenities include private ButterflyMX key fob access, dedicated on-site parking, private package room, elevated ceiling heights, secure bike storage, private balconies, in-unit washer & dryer, and carefully curated boutique luxury finishes. Ownership is currently adding a Peloton Room and Lobby Coffee Machine as well. Supported by a 15-year 100% tax abatement through 2039, the asset provides enhanced cash flow predictability and operational efficiency, positioning it as a compelling investment opportunity within a supply-constrained submarket.

Columbus continues to demonstrate strong multifamily fundamentals supported by steady population growth, a diversified employment base, and consistent economic expansion. The market is anchored by a highly diversified mix of major employers in government, education, healthcare, and technology, while benefiting from ongoing corporate investment and job creation. Columbus is recognized the #1 Infrastructure market nationally and as the fastest growing Midwestern Market with over 21,200 new residents through 2025. With population growth doubling national growth trends, demand for well-located luxury rental housing in Columbus will remain robust. Colliers is pleased to present Flats On East Gay to the market. Located in the dynamic Olde Towne East submarket, one of Columbus' most rapidly evolving urban neighborhoods characterized by historic architecture, strong community identity, and an expanding base of neighborhood retail. Flats on East Gay is the epitome of a boutique urban infill asset with significant multigenerational economic drivers of Nationwide Children's Hospital, OhioHealth Grant Hospital and Columbus State Community College located nearby. Olde Towne East has experienced significant public and private investment in recent years, driving revitalization through new residential development, adaptive reuse, and streetscape improvements. Major infrastructure investments such as Nationwide Children's Main Hospital expansion, OhioHealth's Grant Hospital's New Trauma Hospital, Columbus State's expansions to meet Columbus' workforce demand for tomorrow, and COTA's LinkUS Bus Rapid Transit will continue to positively reinforce the Olde Towne East's fundamentals. Flats On East Gay benefits from immediate proximity to Downtown Columbus and key lifestyle corridors, offering residents walkable access to dining, entertainment, and cultural amenities while maintaining a neighborhood-orientated feel. Continued momentum in the submarket positions Flats On East Gay to benefit from ongoing rent growth and increasing tenant demand.

Flats on East Gay is a newly developed tax-abated 25-unit boutique multifamily asset built in 2023. The property offers a differentiated living experience through its blend of timeless architectural design and efficient, modern interiors. Tailored towards young professional, medical workers, and university students, it's distinctive modern Colonial and New-England-inspired exterior, complemented by thoughtfully designed units with contemporary finishes, open layouts, and in-unit amenities, offers an attainable luxury experience. Property amenities include private ButterflyMX key fob access, dedicated on-site parking, private package room, elevated ceiling heights, secure bike storage, private balconies, in-unit washer & dryer, and carefully curated boutique luxury finishes. Ownership is currently adding a Peloton Room and Lobby Coffee Machine as well. Supported by a 15-year 100% tax abatement through 2039, the asset provides enhanced cash flow predictability and operational efficiency, positioning it as a compelling investment opportunity within a supply-constrained submarket.

Columbus continues to demonstrate strong multifamily fundamentals supported by steady population growth, a diversified employment base, and consistent economic expansion. The market is anchored by a highly diversified mix of major employers in government, education, healthcare, and technology, while benefiting from ongoing corporate investment and job creation. Columbus is recognized the #1 Infrastructure market nationally and as the fastest growing Midwestern Market with over 21,200 new residents through 2025. With population growth doubling national growth trends, demand for well-located luxury rental housing in Columbus will remain robust.