Overview
Capstone Apartment Partners is pleased to present Brookview & Pinebrook—a
58-unit apartment offering split between two buildings on Anthony Wayne
Avenue in the Hartwell and Lockland neighborhoods of Cincinnati, OH.
Both properties have been extremely well-run and maintained by a
high-quality, local ownership group. Brookview & Pinebrook have
received $150,000+ in capital investments throughout the current
ownership period, curing deferred maintenance, upgrading unit interiors,
and upgrading the exterior/curb appeal of the properties. These
upgrades have provided an excellent base for incoming ownership to
continue improving cash flow. Additionally, Brookview & Pinebrook
are centrally located within Cincinnati and the surrounding amenities,
offering convenient access to the submarket’s extensive employment and
retail centers. Supported by historically strong occupancy, a stable
tenant base, excellent income demographics, and significant capital
improvements, this asset provides an excellent opportunity for investors
to break into the thriving Cincinnati MSA apartment market or to grow
their existing footprint.
Investment Highlights
Existing Value Propositions
Significant Capital Improvements Completed by Current Ownership
Immediate Opportunity to Increase Cash Flow
Exceptionally Located Near Major Employment & Amenity Centers
Strong Cincinnati and Submarket Fundamentals