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Informations principales sur l'investissement
- Significant Recent Renovations (Roofing, Electrical Systems, Mechanicals, and Exterior and Interior Finishes)
- Floor Plans Provide Flexibility and Broad Renter Appeal
- Portfolio Presents a Strong Value-Add Opportunity
- Located at the Junction of East Price Hill and the Incline District
- Primarily One Bedroom Apartments (72), One Studio and One 2 Bedroom Unit
Résumé analytique
3CRE proudly offers the Elberon Portfolio, a 74-unit multifamily community in East Price Hill. The property consists predominantly of one-bedroom apartments, including 72 one-bedroom units, along with one studio and one two-bedroom unit, providing an efficient layout that appeals to a wide range of renters. The asset has undergone nearly $1 million in recent capital improvements, with major upgrades to roofing, electrical systems, mechanicals, and both interior and exterior finishes. The owner also benefits from laundry income. These investments help minimize near-term capital needs and support stable ongoing operations. The portfolio also presents a strong value-add opportunity, with
identifiable loss-to-lease upside and potential for rent growth through continued unit renovations and enhanced management practices.
identifiable loss-to-lease upside and potential for rent growth through continued unit renovations and enhanced management practices.
Informations sur l’immeuble
| Prix | 4 468 722 € | Nb de biens | 4 |
| Prix/m² | 706,12 € / m² | Individuellement en vente | 0 |
| Taux de capitalisation | 7,16 % | Surface totale de l’immeuble | 6 329 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,62 ha |
| Statut | Actif |
| Prix | 4 468 722 € |
| Prix/m² | 706,12 € / m² |
| Taux de capitalisation | 7,16 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 4 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 6 329 m² |
| Surface totale du terrain | 0,62 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Renaissance Village
800-808 Elberon Ave, Cincinnati, OH 45205 |
Immeuble residentiel | 4 058 m² | 1959 | - |
|
Colonial Vista Apartments
906 Elberon Ave, Cincinnati, OH 45205 |
Immeuble residentiel | 1 379 m² | 1900 | - |
| 3316 W 8th St, Cincinnati, OH 45205 | Immeuble residentiel | 446 m² | 1959 | - |
| 3312 W 8th St, Cincinnati, OH 45205 | Immeuble residentiel | 446 m² | 1959 | - |
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Elberon Portfolio
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