OHI Projects:
Below are a few examples of over 50 properties OHI has acquired.
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Apartment Complex
Location: Huntingwood Pointe Apartments,
Atlanta, GA
Size: 350,000 rentable square feet
Circa: 1969
Status: Under Contract
Comprised of 376 units on over 26 landscaped acres in a gated community,
this property offers one, two, and three bedroom floor plans. Situated near the
East Point suburb of Atlanta, the 19 buildings feature low-maintenance brick and
vinyl siding. A $4.7 million renovation program will commence in summer 2008.
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Apartment Complex
Location: Quail Creek Apartments,
College Park,
GA
Size: 468,692 gross square feet
Circa: 1971
Status: In Progress
Quail Creek contains 484 garden apartments in forty-eight two and three
story buildings sprawling across 25 acres in the up and coming College Park suburb
of Atlanta,Georgia. The gated community is complemented by landscaped grounds, a
swimming pool, and on-site laundry facilities. The $5 million renovation program
is scheduled for completion in the winter of 2008.
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Apartment Complex
Location: Victory Station Apartments,
College Park, GA
Size: 150,300 rentable square
feet
Circa: 1971
Status: Under Contract
Victory Station contains a desirable mix of 120 one, two, and three bedroom
units all brick townhouse-style apartments in 19 buildings on 8 acres. The grounds
are centered by a community clubhouse and pristine swimming pool. Renovations will
be completed in summer 2008.
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Apartment Complex
Location: Meadow Creek Apartments, Richmond, VA
Size: 78,768 Rentable Square Feet
Circa: 1970
Status: In Progress
This is a vacant 2-story 144-unit apartment complex built in the 1970s
and renovated in 1985, spread among eight buildings on 6.4 acres in the City of
Richmond, Virginia. Damaged by Hurricane Gaston in 2004 - causing the displacement
of many residents - and subsequently condemned by the City, OHI acquired the property
through the U.S. Department of Housing and Urban Development at yearend 2007. Interiors
and exteriors of the entire complex will be renovated, including picnic and playground
areas. Occupancy of Meadow Creek is slated for winter 2008.
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Apartment Complex
Location: Chamberlayne
Gardens, Richmond, VA
Size: 140,000 gross square feet
Circa: 1945
Status: Completed 2007
This 216 unit apartment complex sitting on 11 acres in the City of Richmond had
fallen into serious deterioration and was crime ridden. OHI completed a $4.3 million
renovation to rejuvenate the property and systematically removed the criminal element
to successfully improve the living conditions for over 200 families. OHI was able
to get the property approved for listing as a National Historic Landmark since it
is the largest original FHA Multi-family Garden Style property remaining in Richmond,
Virginia.
Click here for success story. |
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Condo Conversion
Location: The Miami, Richmond, VA
Size: 10,000 gross square feet
Circa: 1924
Status: Completed 2006
Condemned by the City of Richmond, this apartment building located in the trendy
“Fan District” was renovated into 12 condominiums by OHI as a historic
tax credit project. The condos were renovated with high end finishes and sold for
approximately $300/ square foot. The gut renovation took seven months to complete. |
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Multi-Family Location: Chimborazo School, Richmond, VA
Size: 45,000 gross square feet
Circa: 1906
Status: Completed
This original school, in the Church Hill Historic District
with brick and stone architecture, was converted into 35 apartments. OHI sold the
property in 2006 to a condo developer.
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Commercial Location:
"Bell-Hatcher Building" ("Former
Kandy Kastle Building") Chattanooga, TN
Size: 8,500 Square Feet
Circa: 1906
Status:Completed
(click on picture for before and after photos)
This building was known for years as the "Kandy Kastle
Building" as it housed a well-known daycare program by that name. OHI completed
a total restoration of this building in 2003-2004. This building has five historic
store fronts and includes concrete floors, tin ceilings, new systems, patios for
restaurants, and plenty of parking all located in the Highland Park business district
on McCallie Ave. in Chattanooga, TN.
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Commercial Location:
Chattanooga, TN
Size: 14,000 gross square feet
Circa: 1906
Status: Completed
(click on picture for before and after photos)
OHI completed in 2002 a total restoration of what was
known previously as the 20/20 building located on the corner of S. Greenwood and
McCallie Ave. in Chattanooga, TN. This building contains two stories of 7,000 sq,
ft. each, for a total of 14,000 sq. ft. of space.
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