investment highlights
- ECONOMIES OF SCALE // Excellent opportunity to scale in a top 50 MSA (Cincinnati/Northern KY) as well as the Michigan state capital (Lansing), the state’s primary governmental and higher education hub.
- STRONG DEMOS // The portfolio‘s three-mile trade area averages over 105,880 people, 48,602 households and average household incomes exceeding $92,832 per year.
- UPSIDE POTENTIAL // The assets are in various stages of lease up allowing the next investor to capitalize on the recent leasing momentum to full stabilization.
- INFILL URBAN LOCATIONS // The properties are located in dense infill urban locations and benefit from a diverse tenant base of residential, commercial and student populations.
- QUALITY CONVERSIONS // The developer invested significant capital into the buildings including premium Janus metal systems, new elevators, new roofs (most locations), commercial elevators and improved HVAC and electrical.