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Rowan County, KY Apartment Buildings for Sale

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Stabilized Student Housing Near MSU
$12,535,000

Stabilized Student Housing Near MSU

101 Lois Ln, Morehead, KY 40351

Purpose-built student housing community near Morehead State University.

  • Attractive Financial Profile: Strong NOI of $962,004, priced at $12,535,000 with a 7.67% cap rate.
  • Fully Renovated: $2.55M+ invested in upgrades, including new flooring, roofing, HVAC, appliances, parking lots, plumbing, lighting, and interior finishes.
  • Market‑Leading Rents & Occupancy: Achieves top‑of‑market average rent of $1,005 per unit with consistent 100% occupancy.
  • Undersupplied Market: Limited competition in Morehead creates ongoing demand stability and rent growth potential.
  • Proximity to Campus: Located just minutes from Morehead State University.
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Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 1 Active listings in Rowan County, KY, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads

Explore Off-Market Properties in Rowan County, KY

Consider similar Off-Market properties in Rowan County, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

9425 Brown Ridge Rd

9425 Brown Ridge Rd

Individual retail properties • 5,568 SF
Value Estimation by Request
9425 Brown Ridge Rd, Morehead, KY 40351
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Rowan County, KY Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Rowan County, KY on our real estate platform. These investment opportunities span a total of 80,150 square feet of properties for sale, with an estimated market value of $12,535,000.

Prices for two-family homes in Rowan County, KY start at $0.00, averaging $6,267,500, and reaching up to $12,535,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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