118 W 5th St

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118 W 5th St

Covington, KY 41011
Asking Price
$1.10M
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building totaling 11,000 square feet
  • Offered for sale at a price of $1,100,000
  • Located in the city of Covington, Kentucky
  • Ideal configuration for a partial owner occupant
  • Positioned within the active Cincinnati metropolitan area

What's Special

Priced at $1,100,000, this 11,000-square-foot traditional office building occupies a strategic position at 118 W 5th St in Covington, Kentucky. This asset is well-suited for a partial owner occupant looking to establish a presence within this growing urban corridor of the Cincinnati metropolitan area. The property features a functional layout that supports a variety of professional office configurations, allowing businesses to operate efficiently within a high-visibility location. Covington serves as a vital economic hub in Northern Kentucky, offering convenient access to major interstate thoroughfares and proximity to downtown Cincinnati. Investors and business owners will find this location attractive due to the ongoing revitalization of the riverfront district and the consistent demand for professional workspace in the region. Whether utilized as a headquarters or a satellite office, this facility provides the necessary infrastructure for diverse business operations in an established commercial market.

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

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