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Multifamily

The 222

3050 Mickey Ave, Cincinnati, OH 45204

Listing Price: Request For Offer

Number of Units
222
Gross SF
159,450

Investment Overview

Marcus & Millichap is pleased to present The 222 Portfolio, located in Cincinnati, Ohio. Out of the nine total assets in the offering, eight are located on the westside of Cincinnati, with only seven miles separating the two assets that sit furthest apart from one another. There is strong in place cash flow with 25 percent of unit already renovated. Continued value-add opportunity with multiple apartment communities within one to two mile radius of the subject properties that have recently undergone interior renovations resulting in the average one-bedroom rent and two-bedroom rent for the competitive set being $165 and $265 greater than the subject properties’ average effective rent.

Investment Highlights

  • Loss to Lease Re-Capture
  • Value-Add Opportunity
  • Close Proximity Assets

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
222
Gross SF
159,450

Investment Highlights

  • Loss to Lease Re-Capture
  • Value-Add Opportunity
  • Close Proximity Assets

Investment Overview

Marcus & Millichap is pleased to present The 222 Portfolio, located in Cincinnati, Ohio. Out of the nine total assets in the offering, eight are located on the westside of Cincinnati, with only seven miles separating the two assets that sit furthest apart from one another. There is strong in place cash flow with 25 percent of unit already renovated. Continued value-add opportunity with multiple apartment communities within one to two mile radius of the subject properties that have recently undergone interior renovations resulting in the average one-bedroom rent and two-bedroom rent for the competitive set being $165 and $265 greater than the subject properties’ average effective rent.

Exclusively Listed By

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