Multifamily
Radiance Portfolio
1910 Garden Ln, Cincinnati, OH 45237
Listing Price: $1,750,000
Investment Overview
Marcus & Millichap is pleased to present the Radiance Portfolio, an investment opportunity comprising 14 single-family homes in Cincinnati, Ohio. Strategically located within a 10-mile radius, the portfolio features a desirable mix of two-, three-, four-, and five-bedroom homes. Priced competitively at $125,000 per home, this portfolio offers an attractive in-place yield, with professional third-party management already in place.
Cincinnati’s real estate market remains robust, with a median home price of $236,000 and recognition as Zillow's 2nd Hottest Real Estate Market in 2024. Significant upgrades have been completed on the majority of the homes within the past three years, enhancing their appeal and reducing future capital expenditure requirements. Additionally, the portfolio boasts consistently high occupancy rates, positioning it as a compelling, turnkey investment opportunity.
Radiance Portfolio
Investment Highlights
- Stabilized Portfolio with 8%+ Cap Rate - this rental portfolio, professionally managed for five years, boasts a strong operating history with consistently high occupancy and reliable income potential.
- Recent Upgrades - over $130,000 invested in the past three years, with most homes receiving new flooring, paint, and appliances, enhancing quality and tenant appeal.
- Strong Cincinnati Housing Market - Cincinnati's population has grown to 2.28M, with 30 percent of homes renter-occupied. A supply shortage persists for homes under $250K, driving strong demand.
Exclusively Listed By
Listing Price: $1,750,000
Investment Highlights
- Stabilized Portfolio with 8%+ Cap Rate - this rental portfolio, professionally managed for five years, boasts a strong operating history with consistently high occupancy and reliable income potential.
- Recent Upgrades - over $130,000 invested in the past three years, with most homes receiving new flooring, paint, and appliances, enhancing quality and tenant appeal.
- Strong Cincinnati Housing Market - Cincinnati's population has grown to 2.28M, with 30 percent of homes renter-occupied. A supply shortage persists for homes under $250K, driving strong demand.
Investment Overview
Marcus & Millichap is pleased to present the Radiance Portfolio, an investment opportunity comprising 14 single-family homes in Cincinnati, Ohio. Strategically located within a 10-mile radius, the portfolio features a desirable mix of two-, three-, four-, and five-bedroom homes. Priced competitively at $125,000 per home, this portfolio offers an attractive in-place yield, with professional third-party management already in place. Cincinnati’s real estate market remains robust, with a median home price of $236,000 and recognition as Zillow's 2nd Hottest Real Estate Market in 2024. Significant upgrades have been completed on the majority of the homes within the past three years, enhancing their appeal and reducing future capital expenditure requirements. Additionally, the portfolio boasts consistently high occupancy rates, positioning it as a compelling, turnkey investment opportunity.
Exclusively Listed By
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