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Capstone is pleased to present the Kirby School Apartments, a 40-unit adaptive reuse community in Cincinnati’s eclectic Northside neighborhood. Renovated in 2016 and listed in the National Register of Historic Places, the property offers a unique opportunity to invest in one of the MSA’s most rapidly developing neighborhoods. With close access to I-74 and I-75 and located only ten minutes from downtown Cincinnati, new owners will have access to a variety of professionals looking to commute. New owners will also be able to capitalize on the Cincinnati MSA’s organic rent growth, which Realpage has consistently ranked in the top-3 nationally in 2023. With a recently renovated building and nation-leading organic rent growth, Kirby School Apartments provides investors with lucrative upside and no deferred maintenance.
Investment Highlights:
Unique Property Characteristics and Luxurious Amenity Offerings
Cincinnati MSA Boasts Top-3 Rent Growth
Rapid Revitalization, Development, and Investment Velocity in Northside Neighborhood
Short Commute to Local Universities, Hospital Networks, and Cincinnati’s Urban Core