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Capstone is pleased to present the American Can Lofts, a rare and exciting opportunity to acquire a 110-unit asset in the heart of the rapidly developing Northside neighborhood of Cincinnati, OH. Comprised of 110 apartment units and three ground-floor retail and commercial office spaces, the American Can Lofts features a variety of unique floor plans including one, two, and three bedrooms – most of which include a loft with fully livable space. The exterior façade and smokestack of the American Can Lofts maintain the bold character of its original manufacturing use, but whose attractive white accents and large, modern windows hint at the inviting residential ambiance within.
Along with the best-in-class common area amenities catalogued later in this memorandum, unit interiors are bathed in natural light and offer contemporary floorplans that utilize a tasteful combination of exposed brick, steel, drywall, and concrete, completing the industrial aesthetic so sought after by today’s tenants. Prospective investors of the American Can Lofts should be pleased to hear that Northside is experiencing recent development and investment that outpaces the fellow downtown-adjacent Clifton, Coryville, and even Over-the-Rhine areas.
Investment Highlights:
Unique Property Characteristics and Luxurious Amenity Offerings
Rapid Revitalization, Development, and Investment Velocity in Northside Neighborhood
Short Commute to Local Universities, Hospital Networks, and Cincinnati’s Urban Core