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32924239
32924240

3322 Jefferson Avenue, Cincinnati, OH 45220 For Sale

ZS
OH 2022007316
CBRE - Cincinnati
CBRE - Cincinnati
CBRE - Cincinnati
Listed by CBRE - Cincinnati
Unpriced
55 days on market
Updated 55 days ago

3322 Jefferson Ave - 23 Units

Details
Property Type Multifamily
Sub Type Student Housing, Apartment Building
Square Footage 12,384
Units 12
Tenancy Vacant
Year Built 1962
Acreage 0.670
Zoning OLT
Parking Spaces 12 spaces
Parking per 1,000 SqFt 0.97
Investment Type Value Add

Multifamily | 12 Units

Marketing description

Please visit the deal site to access the offering materials: CBRE-3322Jefferson.com

Situated just 0.8 miles from the University of Cincinnati and adjacent to the UC Medical Center, this property is at the heart of Cincinnati's thriving "Eds and Meds" neighborhood within the Gaslight District. This prime location ensures unparalleled access to the major university as well as a variety of other attractions and amenities in Central Cincinnati and the neighboring submarkets.

Constructed in 1962, this 23-studio unit property (featuring a communal kitchen and several spacious shared spaces) boasts a proven history of flexible utilization, having served as a Fraternity House, Children's Hospital Patient Family Housing, and an Event Space. This operational versatility highlights its inherent adaptability.

This acquisition offers investors a unique chance to implement a transformative value-add renovation strategy, leveraging its adaptable layout for repositioning into student housing, extended-stay, boutique hospitality, or other community-focused living concepts. The property's diverse past maximizes upside for a visionary buyer.

Investment highlights

  • 23 Studio Units
  • Laundry On Each Floor
  • 12 Parking Spaces
  • Several Large Communal Areas
  • Spacious Communal Kitchen
  • Cathedral Ceilings

Please visit the deal site to access the offering materials: CBRE-3322Jefferson.com

Listing Contacts

ZS
OH 2022007316
CBRE - Cincinnati
CBRE - Cincinnati
CBRE - Cincinnati
Listed by CBRE - Cincinnati

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Additional Information

Name
Zak Smith
License
2022007316
Brokerage
CBRE
Brokerage Phone
8596555709
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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