Download Offering Materials: Westwood 135 Portfolio
Capstone Apartment Partners is pleased to present a five-property portfolio consisting of 135 units in the Westwood/Fairmount submarket of Cincinnati, OH. The portfolio provides the unique ability to take advantage of approved rental rate increases from the Cincinnati Metropolitan Housing Authority, as well as light value-add upgrade opportunities, while also leveraging an excellent location that takes advantage of the Cincinnati MSA’s strong multi-family fundamentals. The properties offer excellent locations within Cincinnati, offering convenient access to all major interstates as well as the University of Cincinnati and downtown Cincinnati employment centers. Constructed between 1962 and 1988, the portfolio provides investors with a compelling opportunity to enter the sought-after Cincinnati market, or continue to grow their current footprint in the area.
Investment Highlights
Significant CapEx Completed in Short Ownership Period
Approved Rent Increases Through CHMA
Centrally Located Near Booming Employment Drivers
Resilient Cincinnati & Submarket Multi-Family Fundamentals