48-Unit Apartment
New
For Sale
$3,500,000
300 Pine Ridge Dr, Morehead, KY 40351
Residents have access to an on-site management office and laundry facility.
Property Size37,386 SF
Price / SF$93.62
Days on Market3
Property Features for 300 Pine Ridge Dr
General Information
Standard status
Active
Size
37,386 SF
Property subtype
Commercial
Units
Unit Mix
8 x 3BR, 16 x 2BR, 24 x 1BR
Multifamily Units
48
Amenities
on-site management office
resident laundry facility
Building Details
Year Built
1978
Listing Agency:
Century 21 Advantage Realty
Listed By:
Lake Cumberland Real Estate Professional
(606) 677-0059
Source:
Lakecumberlandky
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Advantage Realty
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Investment Insights
Based on property information with market context.
Pine Ridge Apartments is a 48-unit community in Morehead, Kentucky, built in 1978. The apartment mix includes 24 one-bedroom units, 16 two-bedroom units, and 8 three-bedroom units. An on-site office serves management, and residents have access to a laundry facility. The property participates in a HUD housing program and is subject to program requirements and restrictions, including buyer approval by HUD.
The community occupies approximately 4 acres, with an additional 36 wooded acres surrounding the site. Its location is 300 Pine Ridge Dr in Morehead.
The community occupies approximately 4 acres, with an additional 36 wooded acres surrounding the site. Its location is 300 Pine Ridge Dr in Morehead.
Key Highlights
- 48 apartments: 24 one‑bedroom, 16 two‑bedroom, and 8 three‑bedroom units
- Built in 1978
- Approximately 4 acres with 36 additional wooded acres surrounding the site
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Lease Details
48
Residential units
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
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Demographics for 40351, KY
22,305
Population
9,497
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
268.2 sq mi
ZIP Area
83
Density / Sq Mi
$51,110
Median Household Income
$26,278
Median Earnings
$775
Median Rent
$163,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Apartment building - Residents have access to an on-site management office and laundry facility.
Where is this apartment building located?
The property is located at 300 Pine Ridge Dr Morehead, KY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 48 apartments: 24 one‑bedroom, 16 two‑bedroom, and 8 three‑bedroom units; Built in 1978; Approximately 4 acres with 36 additional wooded acres surrounding the site
