Walnut Hills In Cincinnati
What type of rental demand is there in this corner of Walnut Hills? (see red box in map below) I understand East Walnut Hills (I think) and the gentrification underway there. And I also understand the Class A demand in Walnut Hills (e.g., tenants in Windsor Flats, etc).
But -- is there a strong rental market for renovated duplexes and triplexes? I'm working thru the economics of a couple duplexes/triplexes and thinking about what rent figures are reasonable/attractive to this neighborhood.
I can certainly build a longer term investment thesis around this area (in red), since it connects Mt Adams to East Walnut Hills. It might take a long while, but it does appear to be a "path of progress" connector between these 2 neighborhoors.
Any insight is greatly appreciated! :-)
