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Capstone Apartment Partners is pleased to present Anna Marie Apartments, a 79-unit apartment community located in Lockland, a central suburb of Cincinnati, Ohio. Current ownership has made consistent capital improvements to cure deferred maintenance, while maintaining solid cash flow at the property. An incoming investor can build on this by further increasing cash flow, absorbing the loss-to-lease on existing leases, as well as signing renewals and new leases at market rates currently being achieved at the property. Additionally, Anna Marie is centrally located within Cincinnati and has excellent access to local employment centers and neighborhood amenities. Cincinnati is also one of the strongest apartment markets in the Midwest and has a diversified economy supported by consistent employment growth, which, in turn, has fostered strong demand and consistent rent growth for multi-family investors.
