Macey 5650-5654

8 Units | 5650 & 5654 Macey Avenue

Investment Highlights

SVVRE is pleased to present 5650-5654 Macey Avenue, a 2-property, 8-unit deal in the strong rental neighborhood of Madisonville and within walking distance of the booming Medpace campus. The property is comprised of adjacent “quads”, each with an equal mix of 1-bedroom and 2-bedroom units. Current ownership has renovated 2 of the units and secured notably higher rents, providing “proof of concept” for higher rents on the remaining 6 units. The investment upside resulting from renovations and location ensure that this opportunity will not be on the market for very long.

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    Our Macey 5650-5654 Team

    Shawn Gilreath

    Broker

    Shawn Gilreath

    Broker

    With experience as a broker and appraiser, Shawn brings a remarkably holistic understanding of commercial real estate — making him a highly-sought expert among industry leaders.

    Garry Schloemer

    Managing Partner

    Garry Schloemer

    Managing Partner

    Garry is a Managing Partner at Si Vales Valeo Real Estate (SVVRE), where he brings exceptional knowledge of multi-family, retail, and office properties — along with experience in landlord representation, property management, marketing and sales.

    J.D. Schmerge

    Director

    J.D. Schmerge

    Director

    In 2023, J.D. joined Si Vales Valeo Real Estate as a Director of multifamily brokerage services after a long tenure with a national brokerage firm. During his time there, he amassed an impressive record of completing multifamily transactions while forging a reputation for being a persistent representative of his clients’ interests. SVVRE benefits greatly from Mr. Schmerge’s impeccable reputation amongst industry participants and peers in addition to his ability to match a property with the perfect buyer.

    Client’s Bill of Rights

    based on ORC 4735.62

    As your partner, you can expect from us the following fiduciary duties:

    • Accounting: We will account for all funds entrusted to us by you, the client, and not commingle your funds with personal and/or business funds.
    • Care: We will use all of our skills to the best of our ability on behalf of you, the client.
    • Confidentiality: We will keep confidential any information provided by you, the client, especially information that may be damaging to you in a negotiation.
    • Disclosure: We will disclose to you, the client, any information received that may benefit your position in a negotiation.
    • Loyalty: We owe undivided loyalty to you, the client, and put your interests above our own.
      Obedience: We will obey all lawful orders given by you, the client.