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Multifamily

Fairview Lofts

300 Fairview Ave, Dayton, KY 41074

Listing Price: $1,600,000

Cap Rate
5.74%
Number of Units
9
Price/Unit
$177,778
Price/Gross SF
$160.00
Gross SF
10,000

Investment Overview

Fairview Lofts is a 9-unit apartment building located in Dayton, KY. This building was completely gutted and transformed into 9 high-end apartment units with stunning views of downtown Cincinnati. Some highlights include balconies in each unit, washers/dryers in each unit, walk-in closets, and stainless steel appliances (refrigerator/range/dishwasher/microwave). The property is nestled on a secluded one-acre lot, just minutes from Newport on the Levee, The Ovation, and 3 miles from downtown Cincinnati. Leasing started in January 2021 and an incoming investor can enjoy passive cash flow from a low maintenance, fully occupied asset.

Investment Highlights

  • Brand new apartment building with no deferred maintenance
  • 100% occupied and all tenants enjoy a scenic view of Cincinnati from their balcony
  • All tenant paid utilities

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s) KY: 242197

    Kentucky

Multifamily

Fairview Lofts

Listing Price: $1,600,000

Cap Rate
5.74%
Number of Units
9
Price/Unit
$177,778
Price/Gross SF
$160.00
Gross SF
10,000

Investment Highlights

  • Brand new apartment building with no deferred maintenance
  • 100% occupied and all tenants enjoy a scenic view of Cincinnati from their balcony
  • All tenant paid utilities

Investment Overview

Fairview Lofts is a 9-unit apartment building located in Dayton, KY. This building was completely gutted and transformed into 9 high-end apartment units with stunning views of downtown Cincinnati. Some highlights include balconies in each unit, washers/dryers in each unit, walk-in closets, and stainless steel appliances (refrigerator/range/dishwasher/microwave). The property is nestled on a secluded one-acre lot, just minutes from Newport on the Levee, The Ovation, and 3 miles from downtown Cincinnati. Leasing started in January 2021 and an incoming investor can enjoy passive cash flow from a low maintenance, fully occupied asset.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s): KY: 242197

    Kentucky

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