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Pleasant Run & Emerald Edge

Pleasant Run & Emerald Edge_Property for Sale

Attributes

Number of units
300

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Emerald Edge & Pleasant Run Apartments, two 100% LIHTC assets located in the Cincinnati, OH MSA. The Offerings offer stable, bond-like cash flow due to their historically low turnover, strong current occupancies, and sizeable spread in-place lease rents and the rents currently achieved at market-rate comparable assets. With near-term affordable expirations, the Offerings are ideal candidates for affordable housing preservation opportunities, through either a 4% LIHTC re-syndication or a conversion to workforce housing. The Offerings also present investors with an opportunity to acquire assets in the promising, high-growth MSA of Cincinnati, OH.

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Investment Highlights

  1. Stable Bond-Like Cashflow
  2. Market Conversion Flexibility
  3. Located in the Premium Cincinnati Metro
  4. Proximity to Economic Drivers and Ease of Access
Pleasant Run & Emerald Edge 4_Property for Sale
Pleasant Run & Emerald Edge (2 Properties)
Pleasant Run & Emerald Edge (2 Properties)

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Last updated
2 Oct 2025