Blue Vista Capital Management celebrated the official closing of its latest Class-A multifamily property, RiverHaus, with 192-units in Covington, Kentucky.
The closing reflects the continued activity of Blue Vista’s core plus investment activities, which focus on multifamily, industrial and self-storage properties. A link to Blue Vista’s announcement can be found here.
Additional details on the property:
- RiverHaus is located in one of the most desirable urban riverfront neighborhoods in the Cincinnati MSA in the heart of downtown Covington, with connectivity between Covington’s national historic district Mainstrasse Village, the Cincinnati CBD, and Covington’s riverfront.
- The property offers tenants high quality amenities including upscale interior unit finishes, an on-site fitness center, bike storage, covered parking, and an array of outdoor community spaces including a courtyard, lounge area, sky deck, pool and on-site dog park.
- Due to the overall growth of the area, Northern Kentucky has been an active development market within the larger Cincinnati region, with around 3,700 units delivered since 2017. In 2023, Cincinnati further emerged as one of the top-performing markets for rent growth, not only in the Midwest but in the Country overall.