Please visit the Deal Site to access Offering Materials. Costar's pictures and information are old, please see deal site.
Deal Site: CBRE-ParkWest-Hogan.com
Park West & Hogan offer complete, high end renovated units in the best location of Over-The-Rhine, next to Washington Park. These buildings are being sold at a discount to replacement cost in a high barrier to entry market with operational upside. Condos of these same unit types have been selling at $205k for 1 bed and $313k for 2 bed units.
Investment Highlights:
- Extremely Sought After Location
- Opportunity to Stabilize Occupancy in a High Demand Area
- Irreplaceable Location & Construction with Historic Designation
- Opportunity to Reduce Expense Load
- Potential Condo Conversion
- Over $2M in recent Capex
Offers will be due in Early April- please reach out to schedule a tour.