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Clearpointe Woods

Posted: 3/5/2025
155 Units
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About

About Clearpointe Woods

The Cushman & Wakefield Ohio Multifamily Advisory Group is pleased to present the exclusive listing of Clearpointe Woods, an apartment complex located on Cincinnati’s West Side. This asset offers a compelling opportunity for new ownership to acquire a property with significant upside potential through strategic revenue enhancements. Clearpointe Woods presents an exceptional opportunity to capitalize on immediate upside through a loss-to-lease recapture program, aligning rents with top-performing comparable properties in the immediate vicinity to add $365,000+ to the Effective Gross Income (EGI) annually. Alternatively, the property offers substantial revenue growth potential through full Section 8 conversion. Converting all units to the maximum allowable Section 8 rents is projected to generate over $475,000 in annual EGI, a 32.76% increase over the trailing twelve-month EGI. Either of these two strategies offer significant potential for increased cash flow and property appreciation. Clearpointe Woods presents an exceptional opportunity for new owners seeking to acquire an asset with substantial and readily achievable upside.

INVESTMENT HIGHLIGHTS

  • Market Rent Loss to Lease Recapture
  • Full Section 8 Conversion
  • Westwood Revitalization
  • Documents