1. LOCATION AND VISIBILITY
With its signature blue screening cap adorning the top of the building, 110 N. Main is an iconic landmark within the Dayton CBD and a short walk to popular destinations including RiverScape Metro Park along the Great Miami River, Day Air Ballpark (home of the Dayton Dragons minor league baseball franchise), Courthouse Square, and the Benjamin & Marian Schuster Performing Arts Center

2 . SPECIAL IMPROVEMENT DISTRICT
110 N. Main benefits from being located within the Downtown Dayton Special Improvement District which partners with Downtown Dayton Partnership (DDP) to implement its service plan approved by a majority of downtown property owners. The DDP serves these property owners by working on five agreedupon areas: strategic planning and advocacy, economic development, marketing & communication, street vibrancy & creative placemaking, and clean and safe services.

3. OPPORTUNITY ZONE
110 N. Main is located within an Opportunity Zone. Added to the US tax code as part of the Tax Cuts and Jobs Act in December 2017, the goal of the Opportunity Zone program is to incentivize long-term capital investment in designated areas to promote economic development and job creation, specifically through the reallocation of capital gains

4. PREMIER HEALTH TENANCY
Anchored by Premier Health Partners (Moody’s A3), the dominant health system in the Greater Dayton region, the cash flow provided by their tenancy is predictable and secure.

5. ACCESS
The property’s location within the Dayton Central BusinessDistrict has nearly immediate access to I-75, providing quick and convenient access for tenants and guests

6. REPLACEMENT COST
The opportunity exists to acquire a Class A office tower at substantially below replace cost. Based on the expected occupancy of approximately 104,000 RSF and with the majority of the available space on the upper floors, the ability to acquire the property at a fraction of replacement cost gives an investor the flexibility to increase cash flow through the lease up of the available space or to convert a large portion to an alternative use, or some combination thereof.

7. UNIVERSITY IMPACT
With the University of Dayton a few miles to the south, Wright State University approximately 10 miles to the northeast and Sinclair College within the CBD, the proximity of each of the universities to the Dayton CBD has benefited both the city and a variety of companies in the region.

1. CREDITS, INCENTIVES AND ABATEMENTS
The property’s inclusion on the National Register of Historical Places provides an opportunity for an adaptive reuse investor to seek tax credits, in addition to other available programs and abatements. The owner can apply for a variety of incentive programs,

2. ICONIC CBD PROPERTY
On the National Register of Historic Places since 1986, 19 Garfield Place was designed by Tietig and Lee and constructed in 1923. Terracotta tiles cover the eightstory façade with elements of metal and marble. The building has earned ENERGY STAR certification for the last seven years

3. URBAN OASIS
With Piatt Park, the oldest park in Cincinnati, at the front door of 19 Garfield Place and stretching two blocks from Vine Street to Elm Street, tenants and guests alike can take advantage of its shaded beauty. Immediately to the Northeast, the recently revitalized Court Street Plaza, a $5.5 million project, is not only a great public gathering space featuring wide, pedestrian-friendly sidewalks and community artwork, it’s also situated at the center of many unique small businesses.

4. DOMINANT OHIO MSA
At more than 2.2 million residents, the Greater Cincinnati MSA, comprised of 16 counties in three states, is the largest within the State of Ohio and the 30th largest in the United States. Five Fortune 500 companies are headquartered in the Greater Cincinnati MSA including 4 located in the CBD.

5. WALKABLE AND TRANSIT-ORIENTED LOCATION 19 Garfield Place is located within a block and a half of the Seventh & Walnut stop for The Connector, a 3.6-mile streetcar line operating throughout the city’s urban core and connecting The Banks with Over-the-Rhine. Cincinnati is also one of the most walkable downtown areas in the country with a walkability index of 18.6 out of 20 and a walk-score of 95%. Whether it’s the gentrified old-world charm of the Over-the-Rhine neighborhood a few blocks to the north or the more modern amenities located within the CBD and at The Banks to the south, 19 Garfield Place is a short walk or streetcar ride to both of Downtown’s vibrant social scenes.

6. STRONG MARKET FUNDAMENTALS FOR NEW MULTI-FAMILY CONSTRUCTION
New Class-A multi-family product in the downtown Cincinnati market has recently outperformed the rest of the Cincinnati MSA. Pairing an average of 95% occupancy with an impressive $2.26/SF, these fundamentals present an exciting opportunity to redevelop 19 Garfield Place into apartments.

7. OUTSTANDING RENT GROWTH IN DOWNTOWN MARKET In the Cincinnati downtown market, rent growth for Class-A properties in the last 5 years has been over 13%. The remaining downtown properties experienced rent growth around 8% in that same time period. The average asking rent for Class A properties downtown is $2,102/month.

3 units with opportunity to add additional units

211-219 W 4th St is a unique, fully entitled, redevelopment opportunity located in Downtown Cincinnati. The current owner has full construction drawings and building p

ermit to construct 40 -1BR apartments, 2 retail storefront spaces along with lower level parking spaces. This property is located in the southwest section of the CBD which is currently experiencing substantial growth in both residential, retail and office development.

Prime Multi-Family development land along the Ohio River
2.77 Acres
Located at the foot of the "Purple People Bridge" connecting Cincinnati and Newport on the Levee.

Please contact Don or Jordan for the full OM

HIGHLY DESIRABLE ALL TOWNHOME LAYOUTS WITH GARAGES

100% of the units at Aurora have an attached one car garage and offer a spacious townhome layout with 1,200+ square feet of living space, providing a single family look and feel. All units have a private entrance, front and back yard, private garage, in unit washer/dryer connection, deck, and spacious basement with storage space and daylight window.

HIGH OCCUPANCY, 5.2% T-3 CAP RATE & UNDER MARKET RENTS

With current occupancy of 94%+/- and a multi-year history of high occupancy, Aurora has demonstrated incredibly high renter demand. Current rental rates trail the surrounding comparable properties by more than 20% / $260+ per month. Pricing guidance at $11M represents 5.2% Cap Rate on T-3.

ABILITY TO RAISE REVENUE IMMEDIATELY

In addition to organic rent growth, a new owner can increase rents by completing interior unit upgrades to achieve $200+ monthly premiums.

CLOSE PROXIMITY TO RETAIL & EMPLOYMENT

Residents of Aurora Townhomes enjoy easy access to abundant nearby retail, restaurants and employment. Bath and Body Works is headquartered in the city and other employers include Amazon, Lbrands, Victoria's Secret, JCPenney, Ohio Health and Mount Carmel East Hospital. Reynoldsburg is located in the Columbus MSA, one of the fastest-growing metros in the nation with unprecedented population, GDP and job growth.

360 UNIT PORTFOLIO: $99K/UNIT & 5% T-3 CAP RATE

Aurora can be purchased individually, or as part of a three property, 360-unit portfolio. The Portfolio Pricing Guidance of $35.5M represents an average price per unit of just under $99k per unit and a blended 5.0% Trailing 3 Cap Rate.

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of Burgundy Court Apartments. The community consists of 234 units including 32 - 1 Bedroom units, 140 – 2 Bedroom units and 62 – 3 Bedroom, 2-story Townhomes. Burgundy Court was built in 1967 and is located in Colerain Township, a desirable community in the northwest area of Greater Cincinnati.

1. EXCELLENT VALUE ADD POTENTIAL
Burgundy Court offers an excellent true value-add upgrade potential. Through unit renovations and adding additional property amenities, a forecast rent premium of $175 - $325 can be achieved.

2. UNDER MARKET RENTS
Current rents at Burgundy Court are currently on average 20% below nearby competition. A new owner could operate the property as-is and enjoy strong organic growth.

3. PROXIMITY TO EMPLOYMENT AND RETAIL
The properties positioning near Rt 126, the Ronald Reagan Cross County Highway, and I-275, along with the immediate access to a myriad of retail, restaurants and top employers nearby make the property a highly desirable location for tenants.

4. FAVORABLE MARKET FUNDAMENTALS
Cincinnati’s rent growth is currently 9.5% (YOY), submarket vacancy is 4.8% and job growth is projected to be 2.6%. These fundamentals along with Cincinnati’s diverse economy make it well-positioned for both short and long-term growth.

5. IDEAL UNIT MIX COUPLED WITH OPERATING EFFICIENCY UPSIDE
Burgundy Court is a quality asset with an ideal unit mix including 62 sought after 3BR Townhomes. Additional growth can be achieved by adding additional amenities and cost saving opportunities such as implementing a bulk internet/cable package & energy saving LED lighting.

The Carew Tower Complex is one of the most iconic buildings in all of the Midwest and offers an investor the opportunity to complete a truly unique redevelopment of this mixed use project

For more information please contact Don Murphy at don.murphy@cushwake.com