ASI Multifamily Impact Fund, LP Acquires Oak Hill Village Apartments

October 18, 2022

The ASI Multi-Family Impact Fund, LP, which is focused on providing Affordable and Workforce housing primarily serving minority populations and lower income residents, recently acquired Oak Hill Village Apartments – an affordable, 181-unit multifamily property situated in Willoughby Hills, a quiet suburban community located less than twenty miles from downtown Cleveland, Ohio. It is well located in a suburban Cleveland submarket with immediate freeway access.

The Property is subject to LIHTC Regulatory Agreements restricting 100% of the units to 60% of Area Median Income with 112 units or 62% of the tenant base receiving Section 8 vouchers.

Click here to learn more about the Oak Hill Village property, or click here to learn more about the ASI Multi-Family Impact Fund, LP and feel free to contact CommonGood Capital for more information.

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