Buying In Florence, KY
Florence, KY Apartment Building Buyers
We are an active buyer of Florence rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
Why Florence
Why We Buy Multifamily In Florence
When we underwrite a Florence property, we start with the demand behind it — Cincinnati/Northern Kentucky International Airport and its air cargo hubs, warehousing and distribution along Interstate 75, and St. Elizabeth Healthcare and retail around Florence Mall.
Florence anchors the logistics-heavy suburbs of Boone County, where the airport’s cargo operations have spurred extensive warehouse growth. Its multifamily stock is largely garden-style communities along the Interstate 75 corridor, and demand from airport and distribution workers keeps occupancy firm.
Around Erlanger, Union, and nearby parts of Boone County, a building does not need to be perfect — we price in repairs and vacancy ourselves.
Cincinnati/Northern Kentucky International Airport and its air cargo hubs
Warehousing and distribution along Interstate 75
St. Elizabeth Healthcare and retail around Florence Mall
Our Buy Box
What We Buy In Florence
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
- Automotive and battery manufacturing investments are expanding employment in central Kentucky.
- We review the rent roll unit by unit against what comparable Florence apartments lease for today, so below-market rents are an opportunity rather than a problem.
- Because Boone County sets the assessed value, we review the property’s tax history as part of our first-pass underwriting.
Seller Guides
Selling In Florence? Common Situations We Handle
Florence Seller FAQ
Which parts of Florence do you buy in?
We look across the city and its surroundings — Union, Burlington, Erlanger, and Hebron — and we will review a property outside those areas on its own merits.
Why is Florence a good place to own rentals?
The renter base in Florence draws on Cincinnati/Northern Kentucky International Airport and its air cargo hubs, warehousing and distribution along Interstate 75, and St. Elizabeth Healthcare and retail around Florence Mall, which gives well-run apartment buildings a steady pool of tenants.
Do I need to fix up my Florence building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Can I sell my Florence apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Submit A Deal
Have A Property In Florence?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
