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Park West & Hogan - 23 Units 2 Multifamily Properties in Cincinnati, OH
Investment Highlights
- Extremely Sought After Location
- Irreplaceable Location & Construction with Historic Designation
- Potential Condo Conversion
- Opportunity to Stabilize Occupancy in a High Demand Area
- Opportunity to Reduce Expense Load
- Over $2M in recent Capex
Executive Summary
Please visit the Deal Site to access Offering Materials. Costar's pictures and information are old, please see deal site.
Deal Site: CBRE-ParkWest-Hogan.com
Park West & Hogan offer complete, high end renovated units in the best location of Over-The-Rhine, next to Washington Park. These buildings are being sold at a discount to replacement cost in a high barrier to entry market with operational upside. Condos of these same unit types have been selling at $205k for 1 bed and $313k for 2 bed units.
Investment Highlights:
- Extremely Sought After Location
- Opportunity to Stabilize Occupancy in a High Demand Area
- Irreplaceable Location & Construction with Historic Designation
- Opportunity to Reduce Expense Load
- Potential Condo Conversion
- Over $2M in recent Capex
Offers will be due in Early April- please reach out to schedule a tour.
Deal Site: CBRE-ParkWest-Hogan.com
Park West & Hogan offer complete, high end renovated units in the best location of Over-The-Rhine, next to Washington Park. These buildings are being sold at a discount to replacement cost in a high barrier to entry market with operational upside. Condos of these same unit types have been selling at $205k for 1 bed and $313k for 2 bed units.
Investment Highlights:
- Extremely Sought After Location
- Opportunity to Stabilize Occupancy in a High Demand Area
- Irreplaceable Location & Construction with Historic Designation
- Opportunity to Reduce Expense Load
- Potential Condo Conversion
- Over $2M in recent Capex
Offers will be due in Early April- please reach out to schedule a tour.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 11,510 SF |
| Number of Properties | 2 | Total Land Area | 0.63 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 11,510 SF |
| Total Land Area | 0.63 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1317 Republic Ave, Cincinnati, OH 45202 | Multifamily | 8,400 SF | 1885 | - |
| 28 W 13th St, Cincinnati, OH 45202 | Multifamily | 3,110 SF | 1885 | - |
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Park West & Hogan - 23 Units
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