3322 Jefferson Ave - 23 Units
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
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