CINCINNATI (June 22, 2018) – Noah Juran, senior vice president of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing of $4,275,000 for Union Hill Apartments consisting of 100 units, located at 1735 Mars Hill Drive, Dayton, Ohio. The transaction was structured with a 7-year term (with 2-years interest only) on a 30-year amortization schedule.
Union Hill Apartments feature hardwood floors, a state-of-the-art fitness center, pool, and convenient on-site parking options. The Miamisburg/Moraine area is known for its contribution to Ohio’s industrial economy, its abundance of retail establishments, and its excellent school systems. The area is attractive to individuals who enjoy the suburban setting while experiencing the benefits of living in a tight-knit community.