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Washington Park

31 W. 13th St. & 1223 Republic St.
Cincinnati, OH 45202
Deal Type: 
Preservation Acquisition
Year Built: 
1910
Acquisition Date: 
2021
Number of Units: 
37
Tenancy: 
Senior/Family

Washington Park consists of two 4-5-story buildings located on the same block in downtown Cincinnati. The Klinckhamer (13 West 31st Street) has 20 units and 31 West 31st Street has 17 units of affordable housing in the heart of the city. POAH Communities has operated the properties since 2018 and will recapitalize and rehab the buildings within the next 5 years to ensure continuing long-term affordability.

POAH added Washington Park  to its Cincinnati portfolio in 2021 continuing its growth in that city after acquiring its initial 18 properties from The Model Group in May 2018.  That acquisition preserved 1,100 rental apartments at a time when the neighborhood was seeing significant investments in infrastructure, new public transportation options, and an expansion of the district’s art and dining scene. The transaction ensured the units would remain affordable long-term and allow residents of all income levels to participate in the economic renaissance of the neighborhood. POAH Communities subsequently implemented a Community Impact program across the portfolio to help residents succeed with outcome-driven resident services that foster financial stability, health and education.