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1. MULTIPLE INVESTMENT OPPORTUNITIES

This well-maintained property offers investors multiple opportunities. Continue leasing the large 10 studio apartments as rental units or follow the trend in the neighborhood by converting to condominiums. The first floor space is currently leased to a Kroger vendor and future use could continue as office or be converted to retail space.

2. CENTER OF REVITALIZED PEDESTRIAN FRIENDLY SPACE

The property sits in the center of the newly developed Court Street Plaza which is home to numerous restaurants and businesses, and hosts to community outdoor events and programming.

3. WALKERS PARADISE

Not only does Court Street Plaza offer its own unique shopping and dining, it is conveniently located in the center of downtown, just blocks away from the new Kroger grocery store, Fountain Square, Aronoff Arts Center, Cincinnati Court House and much more.

4. EASY ACCESS TO ALL OF DOWNTOWN

Walking distance to multiple street car stops to access all downtown Cincinnati has to offer, including the live-work-play neighborhoods to the North - Over-the-Rhine - and south - The Banks - of the CBD provide numerous complimentary lifestyle options to those in the CBD.
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17 E Court St
10 Units
17 E Court St.
Cincinnati, OH  45202
Type: Conventional
Posted: 9/14/2021
The Cushman & Wakefield Ohio Multifamily Advisory Group is pleased to present the exclusive listing of Huntley Ridge Apartments, an 88-unit apartment community located in the Kettering submarket of Dayton, OH. This asset is located in an excellent school district and close to major retail and restaurant corridors. Built in 1945 Huntley Ridge represents an outstanding opportunity to invest in a well maintained, partially renovated asset, in a highly demanded submarket.

1. VALUE ADD OPPORTUNITY
Current owners have begun interior upgrades in select units, resulting in increases over $100 in some units. Huntley Ridge presents an opportunity for an investor to come in and finish the upgrades to all units and add property amenities in order to continue to push rents higher. Additionally, current owner did not allow pets which a new owner can permit and add substantial additional income.

2 . DIVERSE UNIT TYPES INCLUDING COVETED TOWNHOMES
With 1, 2 and 2-bedroom townhouses, Huntley Ridge offers a great mix of unit styles attracting a wide base of potential residents. 32 of units at the property are townhomes.

3 WELL LOCATED TO RETAIL, RECREATION & EMPLOYMENT
Residents of Huntley Ridge are minutes from all daily conveniences and leisure activities. The property is within a 2-mile radius to numerous retail and restaurant amenities. Huntley Ridge is also conveniently located near major employment such as 3 miles to the University of Dayton & Wright Patterson Air Force Base is a 15 minute drive.

4. STRONG MARKET FUNDEMENTALS
The Kettering submarket of Dayton has experienced substantial rent growth with rents growing 6% Year over Year. Kettering will continue to achieve high rent growth due to a lack of new multifamily development. This submarket has also seen occupancy consistently be over 95%
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Huntley Ridge
88 Units
520 Aberdeen Ave
Dayton, OH  45416
Type: Conventional
Posted: 12/13/2021