Perspective on Highland Heights/Cold Springs, KY
I'm evaluating a potential deal on some rental property in the Highland Heights/Cold Spring area in Kentucky. This is my first time looking at property in KY, so I have very limited knowledge/history of the area. Would like to get feedback from people who live or invest in this part of town. Any and all perspective is welcome, but below are a couple things in particular I'd like to have answered:
- Do you/would you invest in this area?
- What class (A/B/C/D) would you rate the area?
- It this area primarily Blue Collar, White Collar, or Student tenants?
- Has there been any recent significant civil investment in this area?
- How is the school system in this area?
- How have rents trended over the past 3-5 years? Have they been stable or has their been growth/decline?
- How much of an impact does NKU have on rentals in this area?
- Are there any unique local laws or ordinances in this area that I should be aware of as a potential landlord?
Thanks in advance for your time and perspective.