Exclusive: Haddon Sells 706 Units in Columbus
The buyer took out a $35 million loan.
The Kopley Group has acquired Columbus Park, a 706-unit multifamily property in Columbus, Ohio, according to Yardi Matrix information. Haddon Communities sold the asset.
The buyer took out a $35 million permanent loan from Old National Bank for this acquisition. The note is set to mature in September 2029.
The property previously traded in May 2020, when Haddon acquired the entity that had owned the asset.
Located at 2143 Winslow Drive within the Far South submarket, the community is close to several retail options. Downtown Columbus is within 6 miles, while John Glenn Columbus International Airport is 7 miles northeast.
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Constructed in phases between 1958 and 1978, the garden-style property underwent several renovations over the years. It comprises 60 residential buildings spread across some 39 acres and its unit mix features studio, one-, two- and three-bedroom floorplans ranging between 330 and 820 square feet.
Common-area amenities include a basketball court, swimming pool and about 850 car parking spaces. The property also has 60 laundry facilities.
Columbus multifamily sales on the rise
Columbus’ multifamily transaction volume picked up through October, with 41 properties larger than 50 units selling for a combined $780.4 million, according to Yardi Matrix data. The amount was nearly 44 percent higher over the year despite fewer assets trading, pointing to larger transactions. Average pricing still fell 4.2 percent year-over-year to $128,902 per unit, about 17 percent below the Midwest average.
Investment activity also returned to the Far South submarket, after a total lack of sales during 2025. Columbus Park marks the area’s second deal this year, following Morgan Properties’ acquisition of the 288-unit Buckstone Flats in August.
