Multifamily Housing
300 Fairview Avenue Dayton, KY 41074
Details & Description
Price: $1,600,000
    Fairview Lofts is a 9-unit apartment building located in Dayton, KY. This building was completely gutted and transformed into 9 high-end apartment units with stunning views of downtown Cincinnati. Some highlights include balconies in each unit, washers/dryers in each unit, walk-in closets, and stainless steel appliances (refrigerator/range/dishwasher/microwave). The property is nestled on a secluded one-acre lot, just minutes from Newport on the Levee, The Ovation, and 3 miles from downtown Cincinnati. Leasing started in January 2021 and an incoming investor can enjoy passive cash flow from a low maintenance, fully occupied asset.
    Property Highlights
     100 occupied and all tenants enjoy a scenic view of Cincinnati from their balcony
     Brand new apartment building with no deferred maintenance
    Listing Agents
    Nick Andrews

    O: 513-878-7741
    nicholas.andrews@marcusmillichap.com
    Jordan Dickman
    Marcus & Millichap
    O: 513-878-7735
    jordan.dickman@marcusmillichap.com
    JD Schmerge
    Marcus & Millichap
    O: 513-878-7756
    jd.schmerge@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    300 Fairview Avenue

    Dayton, KY 41074

    Fairview Lofts

    Listing ID: 275966
    • 300 Fairview Avenue Dayton, KY 41074 | for Sale | Photo 1
    • 300 Fairview Avenue Dayton, KY 41074 | for Sale | Photo 2
    300 Fairview Avenue | for Sale | Thumbnail 1
    300 Fairview Avenue | for Sale | Thumbnail 2
    Building Size: 10,000 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $160.00
    Land $/SF: $36.73
    Price
    $1,600,000
    Property Highlights
    Brand new apartment building with no deferred maintenance
    100 occupied and all tenants enjoy a scenic view of Cincinnati from their balcony
    All tenant paid utilities
    Description

    Fairview Lofts is a 9-unit apartment building located in Dayton, KY. This building was completely gutted and transformed into 9 high-end apartment units with stunning views of downtown Cincinnati. Some highlights include balconies in each unit, washers/dryers in each unit, walk-in closets, and stainless steel appliances (refrigerator/range/dishwasher/microwave). The property is nestled on a secluded one-acre lot, just minutes from Newport on the Levee, The Ovation, and 3 miles from downtown Cincinnati. Leasing started in January 2021 and an incoming investor can enjoy passive cash flow from a low maintenance, fully occupied asset.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Cincinnati History of Multifamily Housing for Sale

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    Dayton Area Market Trends

    Listing Demographics for 300 Fairview Avenue Dayton, KY 41074

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,542125,998284,461
    Population Median Age393737
    Population by Age0-9 Yrs1700 (11%)13570 (10%)32113 (11%)
    10-19 Yrs1485 (10%)14491 (11%)34261 (12%)
    20-29 Yrs2353 (16%)27169 (21%)59989 (21%)
    30-39 Yrs1958 (13%)18316 (14%)41132 (14%)
    40-49 Yrs1971 (13%)13362 (10%)30015 (10%)
    50-59 Yrs2258 (15%)15840 (12%)34798 (12%)
    60-69 Yrs1590 (10%)12889 (10%)29082 (10%)
    70+ Yrs1227 (8%)10361 (8%)23072 (8%)
    Median HH Income$57,806$51,364$48,692
    Total Household Income< 24K1300 (21%)16870 (29%)36960 (28%)
    25-49K1225 (20%)11391 (19%)27931 (21%)
    50-74K1070 (17%)8747 (15%)20291 (15%)
    75-99K769 (12%)5295 (9%)12540 (9%)
    100-199K1276 (21%)10580 (18%)21374 (16%)
    200K+320 (5%)4820 (8%)8432 (6%)
    Highest Education LevelNo Diploma1138908220675
    Diploma or GED32141861544214
    Some College19511419134141
    Assoc. Degree637488612095
    Bachelors Degree24422224145170
    Higher Degree12471632333084
    Total Housing Units6,73268,746148,925
    --Owner-Occupied3,89324,94656,615
    --Renter-Occupied2,06732,75870,913
    Owner-Occupied Values< 100K1238539914846
    100-199K1753673718323
    200-299K43347549682
    300-399K20728855462
    400-499K6216103064
    500K+20135615239
    Total Working Age Population11,856105,487235,915
    In Work Force7,89169,109156,934
    Not In Work Force3,96536,37878,981
    Workforce Employed7,50064,797146,832
    Workforce Unemployed3914,25610,027
    Civlian Workforce7,89169,052156,859
    Military Workforce05675
    Total Households5,96057,704127,528
    Family Households3,78125,22357,273
    Non-Family Households2,17832,48070,255
    Married Couple2,73615,92135,617
    Other Family1,0459,30221,656
    Married w/Child8845,27412,656
    Single Male w/Child1268892,083
    Single Female w/Child3954,39810,014

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Kentucky4,041,769+74,339,367+44,533,464+44,726,382
    Campbell County88,616+290,336+392,898+193,473
    Kenton County151,464+5159,720+6169,386+4176,039
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Hamilton County845,303-5802,374-1790,600-1785,900

    Total Working Age Population:

    Total Households:

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    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 300 Fairview Avenue in Dayton?
    The asking price for 300 Fairview Avenue is $1,600,000
    What is the building size of this Multifamily property in Dayton, KY?
    The size of the building/unit at 300 Fairview Avenue in Dayton is 10,000 square feet
    How much land does the Dayton, KY property at 300 Fairview Avenue include?
    300 Fairview Avenue in Dayton includes 1.000 acres of land
    What is the population within 1 mile of 300 Fairview Avenue in Dayton?
    The population within 1 mile of 300 Fairview Avenue Dayton, KY 41074 is 14,542 people.
    Who do I contact for questions about 300 Fairview Avenue?
    You should contact the listing agent, Nick Andrews, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Cincinnati Northern Kentucky International Airport (CVG) 11
    James M Cox Dayton International Airport (DAY) 57
    Blue Grass Airport (LEX) 74