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Description

Capstone is pleased to present the Peters Cartridge Factory Apartments, an exciting opportunity to acquire a distinguished 134-unit apartment complex in Cincinnati, Ohio. This meticulously restored historic landmark offers a unique blend of urban style while living in a tranquil suburban setting. Originally constructed in 1918 and listed on the National Register of Historic Places, the complex boasts a storied past meticulously preserved alongside modern apartment living. Residents can appreciate exposed brickwork, high ceilings, and other architectural elements that pay homage to the building’s heritage while enjoying contemporary amenities like spacious floor plans and modern finishes. Residents can also enjoy easy access to the Little Miami Scenic Bike Trail, shopping centers, corporate offices, and Interstate 71, fostering a convenient and well-connected lifestyle. In addition to this, the property offers residents an on-site gastropub, the Cartridge Brewing Company, further strengthening its vibrant community atmosphere and offering new owners an additional source of revenue. With 134 unique apartment units offering a variety of layouts, Peters Cartridge Factory caters to diverse resident needs, blends historic charm with modern living, and creates a coveted living experience within Cincinnati’s thriving multifamily market.

Investment Highlights:

15-Year Tax Abatement on Improvements

Unique Property Characteristics and Luxurious Amenity Offerings

Close Access to Local Universities, Hospital Networks, and Community Hubs

  • Address 1409 Grandin Road
  • City Cincinnati
  • State/county Ohio
  • Zip/Postal Code 45039

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