Contacts
Rachel Ridd
SVN | Stone Commercial Real Estate
Property Details
- Property Type Multi-Family
- Property Size 36,356 SF
- Units 33
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Date Updated Nov 19, 2024
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Highlights
- 33 properties (within +/- 11 miles of each other)
- 36,356 total square feet, average living space of 1,650 SF
- The average current monthly rent per unit is $1,122 as of 2024
- Opportunity to purchase at a discount to retail
- Stabilized Year one pro forma cap rate projected at 8.01%
- The entire portfolio is currently managed by a third party property management service
- Entire Portfolio also for sale - 55 properties, 94 total units
Attachments
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Newport, KY
- Zip Code 41071
- Market Cincinnati
Points of Interest
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Columbia Sussex
5.08 miles
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Main Terminal
8.92 miles
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Concourse A
8.95 miles
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Concourse B
8.98 miles
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Speedway
0.67 miles
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Kroger
1.07 miles
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Circle K
1.14 miles
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BP
1.21 miles
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Marathon
1.25 miles
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UDF Fuel
1.55 miles
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Tesla Destination Charger
7.48 miles
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Tesla Supercharger
9.26 miles
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Rivercenter Parking Entrance
0.99 miles
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Transit Center Garage
1.01 miles
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Public Landing
1.15 miles
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Lot L
3.70 miles
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Lot K
3.80 miles
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Parking Lot (Beechwood Swim Club)
4.33 miles
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Furniture Fair Park & Ride
4.59 miles
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Erlanger Municipal Center Parking
7.38 miles
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Airport Viewing Area
8.31 miles
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Ready Return
9.04 miles
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Hampton
0.76 miles
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Gateway Bed and Breakfast
0.78 miles
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Hotel Covington
0.86 miles
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North by Hotel Covington
0.86 miles
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Aloft Newport on the Levee
0.92 miles
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Hannaford Suites - Newport
1.05 miles
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Holiday Inn Express & Suites
1.31 miles
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Fairfield Inn & Suites
1.35 miles
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Courtyard Cincinnati Covington
1.43 miles
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Holiday Inn Cincinnati Riverfront
1.49 miles
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ALDI
0.52 miles
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Fresh Thyme
0.88 miles
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Target
0.95 miles
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Kroger Marketplace
0.99 miles
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Save-A-Lot
1.01 miles
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Kroger
1.02 miles
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TJ Maxx
1.02 miles
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Big Lots
1.29 miles
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Riverside Marketplace
2.02 miles
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Burlington
2.75 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Rachel Ridd
SVN | Stone Commercial Real Estate