Build Chillicothe - QOF

12/16/2025

✨ Check out the incredible transformation of the building formerly known as the Penny Post! ✨ Thanks to Build Chillicothe, this historic site is now immaculate and ready to shine. Here's a before-and-after comparison so you can see how your support is making a difference!

02/08/2024

Progress... We still need to replace the rotting wood on the roof line, paint the trim, and install the wooden arches. The old building had a rustic look but the stucco was weathered and falling off. This building is now more structurally sound and improvements have begun on the inside!

12/08/2023

Freshly primed and ready for paint this weekend. What color do you think it will be?

11/10/2023

Here is a side by side comparison of the progress on 173 Main street (formally known as the Penny Post). The outside stucco is complete and it will be painted next week! Special thanks to our contractor, David Copp for the fine craftsmanship!

https://www.facebook.com/david.copp.969?mibextid=ZbWKwL

11/02/2023

We finished our project at 343 Seventh Street. We now have 4 residential houses completely remodeled and a garage. We are now focusing our our main street project which is currently under renovation. Stay tuned for updates!

Build Chillicothe aims to help investors and the community by bettering neighborhoods through invested funds.

08/02/2023

Here are some before and after pictures of our latest project, 55 Hildegarten. We remodeled the bathroom, kitchen, added new flooring, paint, and added a bonus room to the back.

If you are interested in this unit please go to the rental office at ERA Martin Rentals at 159 E. Main St and pick up an application. A background check is mandatory to rent this unit and you must attend the open house.

07/11/2023

We have started on our flagship project at 173 E. Main St. This building, which was known as the Penny Post, was built in the 19th century. We will be restoring it to its former glory. Check back for updates!

04/19/2023

Here is a snap shot of our investment projects for Chillicothe. We are planning to invest another 90k into Chillicothe and the surrounding areas before the end of the year!

03/30/2023

Here is an update on what's going on with our fund. This property is located at 55 Hildegarten. We are taking a small 960 sf house and adding a 10 x 20 room to the back. Should make a great starter home for somebody some day! We will be finishing the project this spring and it will be our fourth property placed in service. Cudos to our great investors!

01/06/2023

Invest in our fund and receive a tax free step up in basis in ten years!

With inflation rates at what they are now there will be lot of appreciation in properties. From a historic perspective, the inflation rates from 1978 through 1987 averaged 6.45% over the ten year period. I feel we are in a very similar situation now with our inflation rate. I don’t know if history will repeat itself but it very well could take several years to bottom back out in the two the three percent range. That means that a house bought in 1978 for 100,000 would have been worth 185,000 in 1987 with factoring in inflation alone.

12/04/2022

We would like to welcome our newest member to the Build Chillicothe board. Please welcome Sue Ott to our board!

09/06/2022

To date Build Chillicothe - QOF has received $599,000 in capital from the public and surrounding counties! This money is being invested back into the city. Here is a breakdown of how its being spent.

If you have capital gains or will have capital gains in 2022, it's not too late to invest. We will be accepting capital contributions through 6/30/2023 for the 2022 tax year. Please consult with your tax advisor about the great tax perks of this program!