YOUR PROPERTY OUR EXPERTISE

We are excited for the possibility to work with you on the marketing and sale of this asset. As you read this package, you will find that our team has had great success in executing multifamily transactions in the Midwest markets. We have an excellent track record of selling the “story” behind each asset we market. We will ensure maximum market value by identifying a diverse buyer pool, and leveraging Marcus & Millichap’s national platform to create the most competitive environment for sale.

Table Of Contents

MARKET UPDATE | PAGE 4

CINCINNATI OVERVIEW | PAGE 6

Q4 MARKET | PAGE 8

PROPERTY SNAPSHOT | PAGE 10

FINANCIALS | PAGE 12

PRICING | PAGE 18

RED IQ | PAGE 20

Q&A | PAGE 28

More than $202.6 million in investments are planned in Ohio, through funding from the states Ohio Tax Credit Authority (TCA). The TCA approved 14 new projects which are slated to create $99.7 million in new payroll and 1,663 new jobs and also retain another 3,457 jobs across the state. In the Cincinnati area, the impact will be seen in Springdale, within the North Cincinnati submarket.

Here, liquid sugar company Pennsylvania-based Sugaright LLC plans to create 39 new jobs and generate $2 million in new annual payroll, according to local news. The companys new refinery in Hamilton County will produce sucrose products for baked goods and will receive a 1.066% tax credit for seven years.