Northern KY Multifamily Portfolio For Sale - 22 Properties, 61 Units

Riverside Lifestyle: Tucked beside the Ohio River, Covington and Newport boast convenient proximity to major highways, including access to Newport on the Levee, making them ideal locales for work and leisure. Economic Hub: With Amazon's presence and a growing DSL industry, both cities boast a thriving job market, offering diverse employment opportunities in e-commerce, technology, and logistics sectors. The Midwest region continues to see significant growth driven by urbanization, economic expansion, shifting lifestyle preferences, and investor interest.We are pleased to present an exceptional investment opportunity comprising a diverse portfolio of 22 multifamily properties located in the thriving communities of Covington, Newport, and Dayton, Kentucky. This portfolio includes 11 duplexes, 7 triplexes, 2 four-plexes, and 2 five-plexes. These properties are situated in prime locations with excellent connectivity to Cincinnati, OH, via major highways such as I-471, I-275, and I-71/75, offering robust potential for immediate income and long-term appreciation. Covington boasts a vibrant downtown, diverse dining options, and a burgeoning arts scene, while Newport is known for its entertainment and historic charm. Dayton offers a quiet, suburban feel with strong community spirit and proximity to urban conveniences. The Northern Kentucky area is experiencing strong rent growth due to increasing demand for quality rental properties and a competitive housing market. The portfolio benefits from its proximity to significant job growth areas in both Northern Kentucky and Cincinnati. Major employers in logistics, manufacturing, healthcare, and technology are driving economic expansion and increasing demand for housing. The region is home to burgeoning business districts, industrial parks, and the Cincinnati/Northern Kentucky International Airport, a major logistics hub, with Cincinnati providing ample employment opportunities in finance, education, and professional services. This 22-property multifamily portfolio offers a stable rental income with reduced vacancy risk, value-add opportunities through renovations and strategic property management, and significant upside potential. Detailed financial information, including current rental incomes, occupancy rates, and expenses, is available upon request. Also available for sale, 33 single-family home portfolio. Contact our multifamily team for more information.