[Closed!] 27 Units : Cincinnati, OH – French Quarters : by JC Property Group

Last Updated: April 2, 2016

Today, we’re proud to announce – with massive help from John Cohen of JC Property Group – we have closed on a tremendous “off market” opportunity – the French Quarters City View Apartments in Cincinnati, Ohio!

French Quarters City View
Sitting on top of a hill with a gorgeous view of the Ohio River right outside, this 27 unit property is less than 10 minutes away from the center of Cincinnati by car, and contains a varied mix of 1 and 2 bedroom units. These apartments will receive over $400,000 in renovations, as a tremendous opportunity to upgrade a C- property – then improve it physically and operationally to a solid B+ asset.
2600_Bushnell_Cincy

Deal highlights
  • 27 Units
  • 1968 Construction – will be completed upgraded after closing
  • “Off Market”
  • In place average rents of $560/mo (below market)
  • 95% occupancy in place
  • Opportunity to re-position from C- to B+ asset and improve rents and tenant profile to market levels.

(2) 1 Bedroom Units            2 Bedroom Unit

Post-rehab Proposal : (2) 1 Bedroom Units             Post-rehab Proposal : 2 Bedrooms Units

 

Ground Floor View               01

Post-rehab Proposal : Ground Floor Far View               Post-rehab Proposal : Orthogonal View       

 View of Outdoor Kitchen

Post-rehab Proposal : Ground Close-Up View

An Up-and-Coming Location
  • Beautiful views of Cincinnati & the Ohio River
  • Just a 3 mile drive to downtown Cincinnati
  • Easy access to Interstate 75 and Route 50
  • Less than 4 miles to Cincinnati’s Central Business District
  • Less than 5 miles to University of Cincinnati
  • Less than 2 minutes drive to Cincinnati Christian University
  • Steps away from the 4-Star Incline Public House (Gastropub) & Primavista Italian Restaurants

Actual view of Cincinnati from the apartment


This is a rare opportunity to upgrade such an up-and-coming asset in a unique location tremendous potential upside.If you would like learn more about this or other upcoming Epik CP projects, please complete this Investor Questionnaire to get started!

 


 

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