Capstone Apartment Partners is pleased to present The Omaha Portfolio, a 133-unit portfolio consisting of three apartment complexes in Cincinnati’s Westwood submarket. With over $1.6 million of capital improvements invested in the last 18 months, current ownership has redefined rents that the rapidly revitalizing Westwood neighborhood can command with quality finishes and efficient management. With monthly renovated rent premiums ranging from $125 to $170 for like floorplans, new ownership can continue to push rents, proceed with the renovation schedule for the remaining 40 units, and implement a water billback that will all contribute to extremely attractive returns. The Omaha Portfolio offers investors both a highly successful renovation & operation model as well as the runway to realize similar attractive returns on investment.
Submarket-Leading Rent Growth
Westwood Area Revitalization
Strong Market Fundamentals