Hasler Lane Apartments

Description:

This fully occupied 10-unit multifamily property on Hasler Lane in Cincinnati delivers stable cash flow, strong rental demand, and immediate value-add upside. The community consists of well-maintained one-bedroom apartments with consistent tenancy and below-market rents, creating a clear path for revenue growth through modernization and rent optimization. The location offers excellent access to major employment corridors, retail, and interstate connectivity, making it highly attractive for long-term renters. New management has already increased collections, improved tenant communication, and positioned the property for smoother operations. Investors will appreciate the predictable income, straightforward utility structure, and the ability to raise NOI through strategic upgrades, RUBS or CAM billing, and continued professional management practices. This property fits well for buy-and-hold investors, 1031 exchange buyers, and operators seeking a solid performing asset in a high-demand Cincinnati submarket, with room to stabilize further and execute a refinance or long-term hold strategy.


The property is located in a stable residential pocket of Cincinnati with steady rental demand and convenient access to key commuter routes, local employers, and everyday services. The area features a mix of single-family homes and multifamily properties, supporting consistent occupancy and reliable leasing activity. Its proximity to shopping, schools, and transportation corridors makes it an attractive option for long-term renters seeking affordability and convenience.


• Recent updates completed, reducing near-term capital needs
• Strong occupancy with reliable tenant base
• Below-market rents create a clear path for income growth
• Upside available as leases roll and final $1,000 rent targets are implemented
• Additional $150/month RUBS planned upon turnover
• Simple one-bedroom unit mix supports steady demand
• Convenient location with access to major routes and local services
• Solid fit for investors seeking stable cash flow with structured upside