Independence, Ohio – November 2, 2022 – Obetz, Ohio residents will soon have a new place to call home with the addition of Redwood Obetz by Independence, Ohio-based developer and manager of single-story apartment homes, Redwood Living, Inc.
Unlike traditional apartment complexes, Redwood’s signature design feels more like a single-family home, thanks to the single-story floor plans, attached garages and private entrances with dedicated street addresses.
Redwood Obetz is the company’s 14th neighborhood in central Ohio. Upon completion, the neighborhood will include 156 single-story apartment homes. Phase one of Redwood Obetz will include 116 apartments, ranging in size from 1,294 to 1,620 square feet. The neighborhood’s second phase will include 40 additional apartment homes. The timing for phase two will be announced at a later date.
“Obetz is ideally situated in a region of tremendous growth thanks to companies like Amazon, Macy’s and Cardinal Health, yet the area is underserved in terms of rental options,” said Taylor Haley, Director of Property Operations at Redwood. “Redwood is excited to help change that with that addition of our newest neighborhood, one that offers residents the comforts of home, maintenance-free living plus pet-friendly accommodations.”
Residents of Redwood Obetz can choose between five floor plans, each with two bedrooms and two bathrooms, along with a two-car attached garage and ample storage. Additional amenities include:
Monthly rent will start at $1,899. While the neighborhood is under construction, interested residents can schedule a guided video tour or an in-person tour at any of Redwood’s other 13 central Ohio neighborhoods. They can also begin the pre-leasing process online.
Redwood Obetz is located at 3195 Sunflower Place at the corner of Groveport and Bixby Roads. Residents are expected to start moving in this December.
Redwood is growing across its portfolio, with new neighborhoods in nearly every market in eight states currently. With more growth on the horizon in Nebraska and Missouri, now is an excellent time to consider an equity investment in the next Redwood project. Find out more information about this process, how investors can benefit, and next steps by contacting our dedicated Investor Relations team.
Interested in an investment opportunity with Redwood but not sure which deal is the right fit for you? Fill out a contact form or schedule an introductory call to work directly with our dedicated Investor Relations team.
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