The Omaha Portfolio

The Omaha Portfolio

Cincinnati, OH
Under Contract
  • Property Type: Apartments
  • Year Built : 1965, 1973
  • Property Size: / 133 Units

Overview

Capstone Apartment Partners is pleased to present The Omaha Portfolio, a 133-unit portfolio consisting of three apartment complexes in Cincinnati’s Westwood submarket. With over $1.6 million of capital improvements invested in the last 18 months, current ownership has redefined rents that the rapidly revitalizing Westwood neighborhood can command with quality finishes and efficient management. With monthly renovated rent premiums ranging from $125 to $170 for like floorplans, new ownership can continue to push rents, proceed with the renovation schedule for the remaining 32 units, and continue implementing the water billback that will all contribute to extremely attractive returns. The Omaha Portfolio offers investors both a highly successful renovation & operation model as well as the runway to realize similar attractive returns on investment. 

Investment Highlights

  • Submarket-Leading Rent Growth 
  • Westwood Area Revitalization
  • Strong Market Fundamentals

Contact Information

Nathan Murphy Senior Advisor P: 513.460.5941
O: 800.746.3175 ext. 7007
nathan@capstone-companies.com
Stash Geleszinski, CCIM Managing Director P: 513.506.2872
O: 800.746.3175 ext. 7005
stash@capstone-companies.com
Sherief Gouda Senior Advisor P: 513.252.1427
O: 800.746.3175 ext. 7008
sherief@capstone-companies.com
Kevin Burns Investment Sales Advisor P: 239.272.1661
O: 800.746.3175 ext. 7039
kburns@capstone-companies.com
William Thurner Investment Sales Advisor P: 513.364.8600
O: 800.746.3175 ext. 7035
wthurner@capstone-companies.com