Significant Value-Add Potential Through Unit Interior Modernizations
Premiums for renovated units have the potential to range from $50 – $75 depending on finish level, and floorplan. Proving the potential to renovate and raise rents.

Extremely Clean and Well-Maintained Assets
Charing Cross has been well maintained and professionally operated. The physical condition of the asset will allow a new investor to step in and immediately focus on revenue increasing unit upgrades rather than a significant amount of capex and deferred maintenance.

Located in Sub-Market with Above-Average Rent Growth and Minimal New Supply
The low number of deliveries and above average rent growth in Bowling Green, Ohio will give a new investor confidence that occupancy will remain strong, rents will continue on a positive trajectory, and that there is real demand for a renovated product that will meet tenant needs and fetch a significant rent premium.

MMG Real Estate Advisors
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