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