Kenton Reserve

About Kenton Reserve

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of Kenton Reserve, a 128-unit apartment complex located in Independence, Kentucky. This exceptional property offers a compelling opportunity, blending recently built large townhome units (2021 YOC) with a strategically advantageous location and attractive assumable financing. Situated in Northern Kentucky, the complex boasts excellent proximity to downtown Cincinnati and major interstates (I-71/75 and I-275), and the rapidly expanding Cincinnati/Northern Kentucky International Airport, all within a robust demographic area featuring a two-mile average household income of approximately $80,000. Current ownership has invested $2.5 million in renovating 81 out of the 108 “classic” flats as well as completing a variety of exterior capital improvements. In addition, the availability of assumable financing provides a unique opportunity for new ownership to capitalize on favorable loan terms and a favorable LTV ratio. Kenton Reserve represents an outstanding chance to acquire a high-quality, modern asset poised for strong performance in a desirable and growing submarket.

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