Condo Investment Properties for Sale in Covington, KY
57- 2 Bed
- 2 Bath
- 1204 sft
109- 2 Bed
- 3 Bath
- - sft
503- 2 Bed
- 2 Bath
- 1224 sft
141- 2 Bed
- 2 Bath
- - sft
Why Invest in Covington, Kentucky?
Covington, KY condo investments offer strong potential amid robust development activity. Major projects like the Central Riverfront and Bavarian Flats are adding hundreds of new units, boosting rental demand. With stable appreciation around 3% annually and cap rates near 6%, investors benefit from reliable cash flow. Renter-occupied housing exceeds 45%, supporting consistent yields in this growing riverfront market. Kentucky's affordable market enhances long-term ROI for condo buyers.
Frequently Asked Questions
Yes, condos benefit from major developments like Central Riverfront adding market-rate units. Stable appreciation and 6% cap rates provide solid returns. High renter occupancy ensures consistent cash flow.
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