Capstone is pleased to present AT580, a premier
mixed-use building located in the heart of Cincinnati’s central business
district. The opportunity presents investors with excellent diversification of
cash flow and tremendous value-add upside. The 17-story building is comprised
of 179 luxury apartments in the upper floors and annex, six floors of
ready-to-convert office space (currently occupied by a paying Fortune 500
tenant), a mix of street-level and skywalk mezzanine retail space, and a
five-level, 405-unit subterranean parking garage. The asset is ideally
positioned in downtown Cincinnati’s premier location, which is home to eight
(8) Fortune 500 headquarters, Wallethub’s Best City for Recent Grads,
and walking distance to the MSA’s best entertainment attractions.
Value-add of Existing Apartments
Superb Demographics and Premier Location
Repurposing of Under-Utilized Office Space
Diversified Cash Flow
Tax Abatement Incentive