Market Street Apartments

Page 1


MARKET STREET APARTMENTS

BROKERS OPINION OF VALUE

617 SOUTH MARKET STREET, WAVERLY, OH

Austin

Cincinnati

D. 513.878.7712

austin.hall@marcusmillichap.com

Austin

Cincinnati

D. 513.878.7747

austin.sum@marcusmillichap.com

Cincinnati

jordan.dickman@marcusmillichap.com

nicholas.andrews@marcusmillichap.com

Dear Bert Federici,

Thank you for allowing Marcus & Millichap the opportunity to provide a current broker opinion of value (proposal) for Market St. Apartments in Waverly, OH.

We are excited for the possibility to work with you on the marketing and sale of this asset. As you review this package, you will find 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.

GLOBAL REACH, LOCAL EXPERTISE

$86.3B

VALUE OF RECENTLY CLOSED TRANSACTIONS

12,272

CLOSED SALES IN MOST RECENT YEAR

$12.8B

TOTAL VALUE OF RECENT LISTINGS

2,143

CLOSED FINANCINGS IN MOST RECENT YEARS

CINCINNATI
DAYTON
LEXINGTON LOUISVILLE

YOUR TEAM

JORDAN DICKMAN

FIRST VICE PRESIDENTS DIRECTOR, NMHG

NICK ANDREWS

FIRST VICE PRESIDENTS DIRECTOR, NMHG

AUSTIN SUM

SENIOR INVESTMENT ASSOCIATE

AUSTIN Hall

INVESTMENT ASSOCIATE

ALDEN SIMMS

INVESTMENT ASSOCIATE

BROKER SUPPORT

SAM PETROSino

VALUATION & RESEARCH

BRETT MARTIN

INTERNAL ACCOUNTANT

CORPORATE SUPPORT

LIZ POPP

MIDWEST OPERATIONS MANAGER

JOSH CARUANA

VICE PRESIDENT

REGIONAL MANAGER

INDIANAPOLIS | CINCINNATI | LOUISVILLE | ST LOUIS | KANSAS CITY

PETER STANLEY

NATIONAL DIRECTOR

NATIONAL MULTI HOUSING GROUP

MICHAEL GLASS

SENIOR VICE PRESIDENT

MIDWEST DIVISION MANAGER

NATIONAL DIRECTOR, MANUFACTURED HOME COMMUNITIES GROUP

MARKETING COORDINATOR

GEOGRAPHIC BOUNDARIES

Through the synergy of our closely-knit team, our expansive proprietary platform, and a far-reaching national network, we possess the innate ability to seamlessly facilitate the fluid movement of capital across the entire expanse of the country. What sets us apart is not just our technological prowess, but the collaborative ethos that infuses every facet of our operation.

INBOUND / OUTBOUND

$2.1B - MW. OUTBOUND

$3.8B - MW. INBOUND

At the heart of our success lies a culture of collaboration, where diverse minds converge to formulate innovative solutions. This, coupled with our cutting-edge technological infrastructure, propels us to the forefront of the industry. But what truly underpins our efficiency is a time-tested methodology that has consistently yielded remarkable results.

One of our core competencies is the art of precision in buyer-seller matching. Whether the focus is on a regional or national scale, our processes are adept at seamlessly aligning buyers with sellers in a manner that goes beyond mere transactions. This approach ensures that your success is

$9.2BB - W. OUTBOUND

$1.6B - W. INBOUND

$3.1B - S. OUTBOUND

$7.8B - S. INBOUND

$1.8B - TX/OK OUTBOUND

$6.4B - TX/OK INBOUND

$6.4B - NE. OUTBOUND

$1.4B - NE. INBOUND

$3.3B - MOUNTAIN OUTBOUND

$5.0B - MOUNTAIN INBOUND

#1 U.S. brokerage in number of transactions

13,255 Transactions In most recent year

6.74 Transactions closed Every Business Hour

Marcus & Millichap is the premier commercial real estate investment services firm in the United States. Founded in 1971 with a unique model that matches each property with the largest pool of pre-qualified investors, we leverage nearly five decades of experience and relationships to handle all your commercial real estate needs. Our team of more than 2,000 professionals in the United States and Canada focuses exclusively on real estate investment sales, financing, research and advisory services.

We Execute More Tax-Deferred Exchanges Than Any Other Firm In The United States (32% Of Total Transactions), And Our Market Share Is A Direct Benefit To Clients. Over The Years, We Have Developed The Skills And Expertise To Maximize Value And Meet Sensitive Timelines Required

In A 1031 Exchange. With Billions Of Dollars Of Commercial Real Estate Exclusively Listed With Us At Any Time, Motivated Exchange Buyers Seek Out Marcus & Millichap For Quality Investment Opportunities. Through Our Industry-Leading Inventory, We Deliver The Best Of Both Worlds – We Maximize The Value Of Your Asset Through Our Unparalleled Marketing. We Then Help Identify Appropriate Upleg Options To Execute A Successful Tax Deferral Acquisition.

clients represented

NOTEWORTH DEALS

DEERBROOK

RECENT TRANSACTIONS

PROPERTY DATA SHEET

Property Name: Market St. Apartments

Property Address: 617 S Market St

City, State, Zip: Waverly, OH 45690

Submarket: Waverly

County: Pike

MARKET STREET APARTMENTS

Drive Time

Cincinnati - 1 hr 42 mins (98.4 mi)

Columbus - 1 hr 14 mins (63.6 mi)

SECTION - THE ASSET

RENT MATRIX | one BED

RENT MATRIX | TWO BED

UNIT MIX BREAKDOWN

UNIT RENTS

UNIT DISTRIBUTION

NON-CONTROLLABLE

PRICING MARKET STREET APARTMENTS - FINANCIALS

TARGET VALUE

MARKET STREET APARTMENTS

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Market Street Apartments by Jordan.Dickman - Issuu