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Description
Capstone is pleased to present Clearpointe Woods, a unique opportunity to acquire a 155-unit multifamily community in the rapidly revitalizing Westwood submarket of Cincinnati, OH. The property is comprised of 13 multi-story buildings with a mix of 1- and 2-bedroom flats, covering approximately nine acres and located just minutes from Cincinnati’s central business district. New ownership at Clearpointe Woods will have the ability to raise rents by $200+ through organic rent growth, execution of light value-add upgrades, and leveraging of a location that takes advantage of the Cincinnati MSA’s strong multifamily fundamentals. The property is positioned at an excellent location within Cincinnati, offering convenient access to all major interstates as well as the University of Cincinnati and downtown Cincinnati employment centers.