New Re-development (Cincinnati, OH)

[Ash Thomas]

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Mixed-use commercial property (current re-development) in the heart of Middletown, OH a suburb of Cincinnati, Ohio. 

✔️40 residential units
✔️3 retail (barbershop, yoga studio, and coffee shop)
✔️13 co-working offices

What made you interested in investing in this type of deal?

Loved it at first sight! It's in the heart of downtown and a place where residents can work, play, and live all in one community.

How did you find this deal and how did you negotiate it?

On the market for 13 days and paid all cash to acquire it.

How did you finance this deal?

Cash.

How did you add value to the deal?

This will be a re-development opportunity with a brand new structure and many amenities that will be offered.

What was the outcome?

Long term investment.

Lessons learned? Challenges?

Looking for a real estate developer that offers financial package structuring, construction team, and even property management services.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Plenty! Let's connect.