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Multifamily

Stevens Portfolio

3307 Camvic Terrace, Cincinnati, OH 45211

Listing Price: $1,800,000

Cap Rate
6.19%
Number of Units
32
Price/Unit
$56,250
Price/Gross SF
$83.33
Gross SF
21,600

Investment Overview

Marcus & Millichap is pleased to present the Stevens Portfolio, a 4-building, 32-unit portfolio located in Cincinnati, OH. The property is a scattered site portfolio located in the Westwood and Cheviot submarkets of Cincinnati. Three of the four buildings are located in Westwood while the remaining building is located in Cheviot. The Westwood prop-erties consist of studios, 1-, and 2-bedroom apartments while the Cheviot property consist of 1-bedroom apartments. The asset is currently 94% occupied with 26,100 rentable square feet on a total of 0.864 acres. The portfolio sits minutes away from Downtown Cincinnati’s amenities allowing residence quick access the amenities offered Downtown. The portfolio provides a value-add opportunity through turns of the units which has been proven and implemented by property owners in its submarket.

Investment Highlights

  • Well maintained properties with well-kept common areas
  • Close proximity to the downtown Cincinnati metro area
  • Close proximity to major highway systems

Exclusively Listed By

Multifamily

Stevens Portfolio

Listing Price: $1,800,000

Cap Rate
6.19%
Number of Units
32
Price/Unit
$56,250
Price/Gross SF
$83.33
Gross SF
21,600

Investment Highlights

  • Well maintained properties with well-kept common areas
  • Close proximity to the downtown Cincinnati metro area
  • Close proximity to major highway systems

Investment Overview

Marcus & Millichap is pleased to present the Stevens Portfolio, a 4-building, 32-unit portfolio located in Cincinnati, OH. The property is a scattered site portfolio located in the Westwood and Cheviot submarkets of Cincinnati. Three of the four buildings are located in Westwood while the remaining building is located in Cheviot. The Westwood prop-erties consist of studios, 1-, and 2-bedroom apartments while the Cheviot property consist of 1-bedroom apartments. The asset is currently 94% occupied with 26,100 rentable square feet on a total of 0.864 acres. The portfolio sits minutes away from Downtown Cincinnati’s amenities allowing residence quick access the amenities offered Downtown. The portfolio provides a value-add opportunity through turns of the units which has been proven and implemented by property owners in its submarket.

Exclusively Listed By

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