Listed by Cushman & Wakefield - Cincinnati, Ohio
Unpriced
City West (Phase II & IV)
Details
Property Type Multifamily, Land
Sub Type Residential, Apartment Building
Units 105
Year Built 2004, 2006
Multifamily | 105 Units
Marketing description
The Cushman & Wakefield multifamily advisory group is pleased to present the exclusive offering of city west (phase ii & iv), a 105-unit apartment and townhome community located in Cincinnati’s highly desirable west end neighborhood. Constructed between 2004 and 2006, the property is differentiated by a rare, townhome-heavy unit mix, with 87 two- and three-bedroom residences ranging from approximately 1,100 to 1,850 square feet. Currently operated under affordability restrictions, current ownership will be applying to remove all regulatory and rent limitations upon sale, providing new ownership the path to reposition, operate, and lease the asset according to its highest and best use. Providing new ownership with a clean slate to reposition, operate, and lease the asset according to its highest and best use. Positioned within a rapidly appreciating residential corridor supported by strong single-family home values, city west offers a compelling opportunity to capture durable demand and near-term revenue growth.
Investment highlights
- Path to unencumbered operations
- West end location adjacent to otr
- Rare townhome unit mix
- Modern vintage construction
- Strong residential market fundamentals
Listing Contacts
Listed by Cushman & Wakefield - Cincinnati, Ohio
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