An inherited Columbus duplex with a distant heir group and an open code citation, closed in 18 business days without listing exposure.
This acquisition profile examines asset strategy, underwriting method, transaction structure, and value-creation considerations. Counterparty and pricing details are not disclosed.
Representative imagery of the asset type and market — not a photograph of the subject property.
Acquisition Profile
A two-story duplex in a Columbus neighborhood passed to three heirs, none of them local. The building carried an open exterior code citation and one month-to-month tenancy.
Sourcing & Owner Engagement
AceStone engaged the estate's representative directly through probate research and owner outreach. The opportunity was never listed or shopped to third parties.
Valuation accounted for the citation remedy, the month-to-month tenancy, Franklin County transfer costs, and comparable two-unit sales within the submarket. Terms were issued before the heirs incurred any expense.
Transaction Structure
Direct acquisition from the estate with funding requirements and due-diligence conditions stated in the offer. AceStone assumed the code remedy post-closing, removing it from the heirs' obligations.
Eighteen business days from executed contract to funding, coordinated across three heirs in three states via remote notarization.
Outcome
The heirs received a single net figure with no repairs, no citation exposure, and no commissions. Comparable Columbus owners can review terms on the Columbus duplex desk.
A structured example of how AceStone Capital Group sources, underwrites, and structures off-market residential acquisitions in Columbus, OH. For broader context, see our active acquisition markets or initiate a direct-sale review for a similar property.
Have a Property to Sell?
Receive a written offer or a clear pass within 1–2 business days.
