KY Broker of Record: Colby L. Haugness
PRICE: $ Market Bid
- Strategic Re-positioning Opportunity
- Located Only Two Exits From Downtown
- Opportunity to Recapture Current in Place Loss-to-Lease
- 96% Occupied
- Favorable Unit Mix Of 95% Two Bedroom Units
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Park Hills, KY
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Nestled in the rolling hills of northern Kentucky, Park Hills is home to 3,000 people. Residents and business owners enjoy the tranquility of the park-like setting, complemented by the proximity to downtown Covington and Cincinnati. With the added convenience of nearby shopping, sporting events, concerts, and more, Park Hills is truly a hidden gem.
As one of the region’s 1920s car-and-trolley suburbs, Park Hills is home to two original stone trolley shelters standing in the city’s central Trolley Park. Residents enjoy the benefits of community green spaces and the well-established police, fire, and public works departments.
Much of Park Hills has been designated a National Historic District. Residents enjoy tax credits for property improvements with fairly flexible restrictions. Many of the homes were built between 1939 and 1959, with styles ranging from Tudor to Spanish Colonial to Craftsman to Mid-Century Modern. The city borders the 700-acre Devou Park, which is widely known as a haven for hikers, golfers, bicyclists, and picnickers.