Building Details

Building Size 150,792 SF

Year Built 1962

Listing Agency: 3CRE Advisors, LLC - corporate

Listed By: Michael Costantini · License #OH #2018001126 Show Phone

Source: 3cre

Added: Sep 30 Last Checked: Oct 1 at 9:58AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 3CRE Advisors, LLC - corporate

Investment Insights

Based on property information with market context.

The 208-unit multifamily property was built in 1962 and is being marketed for conversion to senior living. It is located at 3510 Alexandria Pike in Newport, Kentucky.

Key Highlights

• 208‑unit multifamily property
• Built in 1962
• Presented for conversion to senior living

Property Analytics

Current Use

Callahan Hall Student Dormitory

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Kitchen & Bath Showroom Plumbing Service HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

704

Businesses Nearby

Explore this area Business Placement

Demographics for 41076, KY

17,440

Population

7,729

Households

2.3

Avg Household Size

38

Median Age

44%

College-Educated

95%

High-School Grad

19.2 sq mi

ZIP Area

908

Density / Sq Mi

$72,387

Median Household Income

$36,301

Median Earnings

$1,132

Median Rent

$203,800

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Built in 1962, the property is presented for conversion to senior living.

Where is this multifamily property located?

The property is located at 3510 Alexandria Pike Newport, KY.

What are key features of this property?

This property features: 208‑unit multifamily property; Built in 1962; Presented for conversion to senior living