Updated about 7 years ago on . Most recent reply
46 units under contract in Cincinnati
Wanted to share ... just signed contract for 46 units in Cincinnati this week.
Some information on the property ... It is a 46 units Class C+ apartment building located in Cincinnati Ohio, the property is 87% occupied and stabilized asset with several value add opportunities. The building was build in 1915, but fully renovated in 2010. The building consists of:
10 studios
26 one bedroom units
10 two bedroom units
The property is very conveniently located a short walk away from University of Cincinnati, couple of Hospitals in the area, shopping mall (Amazon, Target, Chase, Starbucks, Chipotle, Panera Bread, CVS, Walgreen, Kroger Supermarket) and 10 minutes drive away from Downtown. It is also minutes away from I-75 which is providing easy commute within Cincinnati and for traveling outside of the city.
Very exited to start Due Diligence process on it ...
Most Popular Reply
I see you're from Teaneck Oleg. I graduated from FDU. Good luck on the out of state investment!
@michaelealy invests in Cinci and is knows a ton about the local market. His $1 million story is a great one.
Yazeed