Parkmont, a 90-home single-family community in Liberty Township, Ohio, is the newest addition to Carpathian Capital Management’s Development Fund III. Developer Onyx+East closed on the 31.9-acre site on June 8, 2026, with construction expected to begin in summer 2026 and home sales launching in spring 2027. The community sits north of Cincinnati along the I-75 corridor, at the midpoint of the Cincinnati and Dayton metro area.
Parkmont is planned as a walkable, courtyard-style neighborhood of detached single-family homes. Floorplans start at three bedrooms and run from roughly 1,862 to 2,900 square feet of finished living space, with options that include first-floor primary suites, 10-foot ceilings, finished basements, and upgraded outdoor living areas. Shared green spaces, pond views, pickleball courts, walking trails, a pavilion, and fire-pit gathering areas round out a layout built for everyday use. Onyx+East describes the community as a fit for families, professionals, and empty nesters looking for lower-maintenance living in a connected suburban setting.
The location is the thesis. Liberty Township is one of the faster-growing suburban submarkets in the greater Cincinnati region, with a median household income near $148,000 and a population that has roughly doubled over the past two decades. Buyers are drawn by the highly rated Lakota Local School District, quick access to employment in both Cincinnati and Dayton, and proximity to Liberty Center, a large mixed-use shopping and entertainment destination minutes from the site. New-home supply within the school district remains tight, the kind of supply-constrained, well-located market Development Fund III is built to target.
Parkmont is Carpathian’s second joint venture with Onyx+East, an Indianapolis-based, full-service homebuilder founded in 2015 and active across Indiana, Ohio, and Florida. The partnership extends a relationship that began with Everly, Onyx+East’s first community in the Cincinnati market. Carpathian’s investment is structured as preferred equity, consistent with Development Fund III’s disciplined, risk-aware approach to residential development.
To learn more about the fund and its growing portfolio, visit the Development Fund III page.
