859-655-5709
525 Greenup St, Covington, KY for Sale
Apartments - FOR SALE
1/18
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525 Greenup St
Covington, KY 41011
Downtown Covington


HIGHLIGHTS

  • 58-unit historic apartment community in Covington, KY, part of the Cincinnati MSA.
  • Constructed in 1904–1907 with major renovation in 2011 and upgrades since 2021.
  • Current occupancy of 97% with strong historic performance.
  • Located near Mainstrasse Village and Cincinnati CBD with excellent connectivity.
  • Average market rent of $1,225 and potential for continued rent growth.
  • Offered free and clear of existing debt, providing immediate investment flexibility.

OVERVIEW

Please visit the Deal Site for Offering Materials: CBRE-TheArthur.com Property photos on Costar are old. Please see the photos in the Offering Memorandum found through the Deal Site: CBRE-TheArthur.com Virtual Tour: https://urldefense.com/v3/__https://vimeo.com/1159860361/8c173a5428?share=copy&fl=sv&fe=ci__;!!GnpIGg!ZEd4gMagV6RYe5DmLjZ-mtkc0kq1-r4uKzgc2bjOINYvbE-KPOVE63soyC5Qig2-2OjN1Y6MO9JTekD-2VTOnF-_$ Offers due in early March

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

58

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Arthur

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

R-3

APN/PARCEL ID

054-23-12-004.00

ASK ABOUT THIS PROPERTY

Zak SmithCBREMore Info
859-655-5709

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Zak SmithCBREMore Info
859-655-5709

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