800 Highland Avenue

Highlights

• Ivy Knoll, Senior Community
• 3.975 AC + 1.51 AC
• 98 Units
• 30 Units Fully Staffed 24/7
• 68 Independent Living Units
• Located Off of I-71/75
• Minutes from Downtown Cincinnati, Covington, and CVG

Description

NAI Bergman is please to present Ivy Knoll – Senior Community, located at 800 Highland Ave., Covington, KY 41011 (the “Property”). Built in 1972, and situated on 3.975 Acres with an additional 1.51 acres included, Ivy Knoll offers 98 units, including Studios, One Bedrooms, Companion Suites, and Private Suites. Located off of I-71/75 and minutes from Downtown Cincinnati, Covington and the Cincinnati/Northern Kentucky Airport, the Property is located within a 5 mile radius of a quarter-of-a-million residents.

Recent capital expenditures include new flooring, new roof, installation of solar panels, updated elevators, new HVAC units, and a new fully furnished adulty daycare operation.

Finally, with approximately 40 VA residents, their cost of living increase will positively impact revenue.

Located on Highland Avenue in Covington, KY

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