Tuesday, January 27, 2009

Partnership buys seven OTR buildings from Mercy Housing

A partnership between developer Urban Sites Properties and real estate investor Martin Wade has purchased 7 Over-the-Rhine buildings from national non-profitMercy Housing for $355,000.

The properties, located at 1207 and 1209 Clay Street; 1301, 1307, 1329 and 1415 Main Street; and 104 W Clifton Avenue, are rumored to become apartments, although plans have not been confirmed.