Zoocasa Realty Inc., Brokerage

USAKYMoreheadCity Limits300 Pine Ridge Dr

300 Pine Ridge Dr, Morehead, KY

Name: 300 Pine Ridge Dr, For Sale in Morehead - Zoocasa
Brand: HomeLand Real Estate Inc - Mt Sterling
SKU: 26028937
Price: 3500000 USD

House

For Sale

Listed price in listed location currency (USD).

$3,500,000

000

MLS® 26028937

Overview

Key Facts

Type Business

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 11

Lot Size 4.001 Acres

Approx. Age 1978

MLS® Number 26028937

Property Address: 300 Pine Ridge Dr, Morehead, KY, 40351-1824

Average square foot calculated using Size range provided by listing agent.

Description

Pine Ridge Apartments - 48-Unit Multifamily Investment Opportunity! Located in Morehead, KY, this established apartment community offers an excellent opportunity for investors seeking to expand their multifamily portfolio. Situated on approximately 4 acres and surrounded by an additional 36 wooded acres, the property provides a peaceful residential setting with convenient accessibility. The community consists of 48 units, including 8 three-bedroom, 16 two-bedroom, and 24 one-bedroom apartments. Additional features include an on-site management office and resident laundry facility. Pine Ridge Apartments operates under a HUD housing program through the U.S. Department of Housing and Urban Development, offering an established affordable housing community with potential for long-term investment stability. With its diverse unit mix, existing infrastructure, and potential for operational improvements, this property presents an attractive investment opportunity. **Buyer must obtain HUD approval, and the property is subject to existing HUD program requirements and restrictions.

MLS® Number26028937

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1978

Basement

DrivewayOn Site, Paved

Garage Spaces

HeatElectric

A/CElectric

Extras

Map

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX.
Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
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eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
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