Click Here to View Offering Materials: Amhurst Apartments
Capstone Apartment Partners is pleased to present the Amhurst Apartments: a 63-unit apartment community in Erlanger, Kentucky—a very desirable suburb in the Greater Cincinnati MSA that has been rapidly growing due to the strong investment in and around the Cincinnati/Northern Kentucky airport (CVG). Located just off the highly trafficked Turkeyfoot Road (16,000 VPD+) with convenient access to I-75/71, I-275, and the submarket’s surrounding developments and employment and amenity centers, Amhurst has been well run and maintained by the current ownership group. The property, consisting of 10 adjacent buildings, has been consistently 98%-100% occupied with a very strong and stable tenant base and has had every roof at the property replaced within the last 5 years. Current ownership has done a great job curing any existing deferred maintenance, as well as maintaining and improving building exteriors and curb appeal, making this opportunity ideal for incoming investors looking to grow their current footprint or break into the thriving Greater Cincinnati multi-family market.
Existing Value Propositions:
Extremely Well-Maintained Asset with Upside
Impactful Nearby Developments Supporting Employment Growth
Excellent Proximity to Existing Area Amenities
Robust Multi-Family Market Fundamentals