Health Care and Medical Properties - For Sale
800 Highland Avenue Fort Wright, KY 41011
Details & Description
Call for Pricing
  • Property Type Health Care for Sale : Assisted/Senior Living
  • Lot Size Acres 3.980
  • Building Sq Ft 92,000
  • Land Sq Ft 173,368
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 99 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. 
Property Highlights
Additional Photos
Listing Agents
Billy Gillman

O: 513-322-6319
M: 513-604-4530
billy@bergmancommercial.com
Michael Bergman

O: 513-322-6309
M: 678-595-5954
mbergman@bergmancommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

800 Highland Avenue

Fort Wright, KY 41011

Listing ID: 296060
Call for Pricing
For Sale
  • Property Type Health Care for Sale : Assisted/Senior Living
  • Lot Size Acres 3.980
  • Building Sq Ft 92,000
  • Land Sq Ft 173,368
  • 800 Highland Avenue Fort Wright, KY 41011 | for Sale | Photo 1
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Property Highlights
 Ivy Knoll, Senior Community
 99 Units
 68 Independent Living Units
 Minutes from Downtown Cincinnati, Covington, and CVG
 3.975 AC + 1.51 AC
 31 Units Fully Staffed 24/7
 Located Off of I-71/75
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 99 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. 

Attachments & Files

Fort Wright Area Market Trends

Listing Demographics for 800 Highland Avenue Fort Wright, KY 41011

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population14,93786,014229,021
Population Median Age363937
Population by Age0-9 Yrs2186 (14%)10518 (12%)26828 (11%)
10-19 Yrs1759 (11%)8067 (9%)30144 (13%)
20-29 Yrs2500 (16%)14194 (16%)42474 (18%)
30-39 Yrs2524 (16%)14655 (17%)32764 (14%)
40-49 Yrs1536 (10%)8714 (10%)22660 (9%)
50-59 Yrs1848 (12%)12006 (13%)29452 (12%)
60-69 Yrs1542 (10%)9611 (11%)25171 (10%)
70+ Yrs1042 (6%)8248 (9%)19529 (8%)
Median HH Income$42,536$52,266$51,088
Total Household Income< 24K2047 (31%)10096 (25%)26367 (27%)
25-49K1644 (25%)8675 (22%)21669 (22%)
50-74K1234 (18%)6574 (16%)16242 (16%)
75-99K573 (8%)4018 (10%)10484 (10%)
100-199K928 (14%)7121 (18%)16921 (17%)
200K+138 (2%)2363 (6%)5968 (6%)
Highest Education LevelNo Diploma1595714816277
Diploma or GED26621606138001
Some College21341141129109
Assoc. Degree647432210623
Bachelors Degree17271377734319
Higher Degree1152897221924
Total Housing Units7,41343,878112,768
--Owner-Occupied2,84219,19848,316
--Renter-Occupied3,72319,64849,334
Owner-Occupied Values< 100K1026574613132
100-199K1231632717276
200-299K34032478191
300-399K14519094468
400-499K598822209
500K+4010873040
Total Working Age Population11,62270,389187,938
In Work Force7,82646,248123,046
Not In Work Force3,79624,14164,892
Workforce Employed7,27943,745115,496
Workforce Unemployed5462,4997,424
Civlian Workforce7,82646,244122,921
Military Workforce04125
Total Households6,56438,84797,650
Family Households3,13518,34347,804
Non-Family Households3,42920,50449,846
Married Couple1,68711,59931,162
Other Family1,4486,74416,642
Married w/Child5533,94210,675
Single Male w/Child1699761,991
Single Female w/Child7452,7307,319

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Kentucky4,041,769+74,339,367+44,533,464+44,726,382
Kenton County151,464+5159,720+6169,386+4176,039
Campbell County88,616+290,336+392,898+193,473
Ohio11,353,140+211,536,504011,574,870011,615,100
Hamilton County845,303-5802,374-1790,600-1785,900

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
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Closest Commercial Airports
Airport Distance (mi)
Cincinnati Northern Kentucky International Airport (CVG) 8
James M Cox Dayton International Airport (DAY) 60
Blue Grass Airport (LEX) 71
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