Pinnacle on Pleasant

Pinnacle on Pleasant

Fairfield, OH
Available
  • Property Type: Apartments
  • Year Built : 1970/2013
  • Property Size: 199,950 SF / 229 Units

Overview

Capstone Apartment Partners is pleased to present Pinnacle on Pleasant: a 229-unit, garden-style community located in the explosive Cincinnati MSA. Conveniently situated along US-127 in the Fairfield submarket, Pinnacle on Pleasant offers a well-maintained, turn-key asset with enhanced curb appeal and an extensive amenity package in a secluded area offering a “residential” vibe. With demand for upgraded interiors evident in the submarket, new ownership will inherit a solid foundation to continue incremental value-add initiatives to bridge the gap between the competitive submarket. With an exceptional location and positive supply-demand dynamics in the Fairfield multi-family market, Pinnacle on Please is an excellent investment opportunity that will continue to enjoy high occupancy trends and organic rent growth as evidenced in trailing operations.

Investment Highlights

Significant CapEx Completed

Opportunity to Reposition Asset

Excellent Location within the Cincinnati MSA

Favorable Agency Debt with Opportunity for Supplemental Loan

Contact Information

Sherief Gouda Senior Advisor P: 513.252.1427
O: 800.746.3175 ext. 708
sherief@capstone-companies.com
Stash Geleszinski, CCIM Managing Director P: 513.506.2872
O: 800.746.3175 ext. 705
stash@capstone-companies.com
Nathan Murphy Senior Advisor P: 513.460.5941
O: 800.746.3175 ext. 707
nathan@capstone-companies.com
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