Champion Adds 108-Unit Westerville Complex to Growing M-F Portfolio
By Adrian Maties, Associate Editor
Champion Property Management, a privately-held, fully-integrated, multi-family investment firm, just completed its twelfth apartment community acquisition of 2013. A Champion-sponsored affiliate purchased Caleb’s Creek Apartments, a recently completed 108-unit apartment complex in Westerville. The purchase price has not yet been disclosed.
“Caleb’s Creek will be our fourth apartment complex on the northeast side of Columbus,” noted Michelle Yeager-Thornton, Champion’s co-founder and chief operating officer. “The area surrounding Hamilton Rd. is rapidly growing, and we believe Caleb’s Creek will be another great addition to our multi-family portfolio.”
Champion’s latest acquisition is located close to many retail, dining and entertainment options in Westerville, one of central Ohio’s fastest-growing locations.
Located at Hamilton Road and Warner Road, Caleb’s Creek Apartments opened last year. It offers one- and two-bedroom garden-style apartments as well as corporate housing and short-term leases.
Apartments feature fully-equipped kitchens, nine-foot-high ceilings, full-size washer and dryer connections, patios and balconies. Community amenities also include a swimming pool with sun deck and a 24-hour fitness center. Founded in 2010, Champion now manages 3,000 multi-family units in central Ohio.