The Founder Lofts - Cincinnati include two buildings in OTR, directly across the street from each other. Located on the east and west sides of the corner at 15th & Republic – were renovated into 14 rental units that were made available in December 2013. The cost of the renovation was 2.8 million dollars. 3CDC is selling Lightship the buildings for 2,738,449.00. This will include a second renovation of the units, including new kitchens, paint, stairwells, newly painted exteriors, and lighting. The buildings will be conveyed to Lightship fully rented.
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DOWNLOAD DOCUMENTS
B- Side Summary
Term Sheet
B2 Blueprints
B3 Blueprints
Purchase and Sale Agreement
13 W 15th St
19 W 15th St
Financial Projections