This offering represents the opportunity to acquire a scattered site student housing portfolio in Cincinnati, Ohio, all pedestrian to the University of Cincinnati. Properties are concentrated along Eden Avenue and Bellevue Avenue, and one property is on W McMillan Street.
The Bearcat Portfolio is a 45-unit, 119-bedroom portfolio, housing a total of 176 tenants. Occupancy has historically been close to 100%. It is currently 94%, because one house is down being renovated.
This offering represents 100 percent fee-simple interest in The Bearcat Portfolio, free and clear of any debt.