Buckingham Eyes Fall Debut for Oakley M-F Complex

An Indianapolis-based real estate company is building almost 300 new apartments in Cincinnati’s Oakley neighborhood. Buckingham Companies recently announced that it will complete the MadMar Flats project later this year and that it expects the first residents to move in starting this fall.

MadMar Flats, a 272-unit apartment community under construction in Cincinnati’s Oakley neighborhood, is on track for the first move-ins this fall, announced the project’s developer, Indianapolis-based Buckingham Cos.

Named for its location at Madison Road and Marburg Avenue, MadMar Flats will consist of seven three-story buildings with one-, two- and three-bedroom units. Featured amenities will include a clubhouse, dog park, fitness center, a movie and gaming lounge, a pool and a sundeck. Indianapolis-based Buckingham plans to submit the project for LEED certification.

According to the development’s website, units will range in size from 777 square feet to 1,515 square feet. Rents will vary from $1,304 to $2,106 per month. Each apartment will be equipped with dishwasher, granite countertops, hardwood floors and washer/dryers.

MadMar Flats is only one of a flurry of multifamily projects planned or under construction in metropolitan Cincinnati.  Last month, developer Ray Schneider revealed plans to start work on a $25 million, 250-unit development in Madisonville. Two other projects were announced in December. Together, they will bring almost 500 new units to Greater Cincinnati.

Photo credit: Buckingham Companies