• 2600 Bushnell St, Cincinnati, OH 45204
• 27 Units
• Closed March 2016
• Value add through complete renovation of all 27 units and increase in rents $300. $500,000 renovation, taking property down to 0% occupied and renovating. Then a lease up as units becomes rent ready.
• Value-Add
• Total capitalization of $1,600,000 consisting in $800,000 equity and $800,000 seller financing loan.