The Nest Opportunity Fund is a positive impact investment fund that focuses on single and multi-unit family homes in developing areas in Lexington, KY. We purchase, rehabilitate, and rent out houses in the Lexington area.
Our 70 year old 501C-3 group owns the ‘now closed’ 100K sq. ft. Evarts High School. The intention is to convert the structure into senior residential living and/or multi-use commercial operations. Senior housing and Motel rentals for our outdoor recreational visitors might be the highest-and-best use for this facility. Our community has a 4,000 acre off road park, camp grounds, zip lines, and commercial services. The building is in excellent condition and might qualify for historical status on a portion of the building. www.evartsalumni.com will show you the entire project.
The City of Owensboro, KY is soliciting proposals for the acquisition and redevelopment of the Old Andersons Property, currently leased to the Owensboro Museum of Science and History, in the downtown area of Owensboro. The Leased Facility is a 90,870 square foot building on a 0.568 acre lot located at 122 E 2nd St, Owensboro, KY 42303.
This project consists of approximately 14 acres of development property lying immediately adjacent to Green Hill Rehabilitation and Care Facility and Jane Todd Crawford Memorial Hospital as well as near the Greensburg Fitness and Disk Golf Park in an otherwise residential area of town. The property is ideal for residential development, especially that geared towards an older population looking for less property maintenance responsibilities and increased amenities and services.
There is road frontage on two sides of the property and all utilities are on site – water, sewer, gas, electric, as well as cable and broadband.
Two 2-bedroom 1 bath homes in Opportunity Zone. Swigert Ave would be a rehab project. Letcher Ave is currently leased with solid tenant.
This is a census tract in Newport, the 8th most populous city in Kentucky. Newport features an array of development opportunities bolstered by the city’s prime urban location and the availability of developable land with solid real estate fundamentals.
Note: a full prospectus on this area and other areas in the Northern KY region (including Boone and Kenton counties) is available below
This is one of seven census tracts in Northern Kentucky, and details of this property and those in Kenton and Campbell are available below
Own entire block on Madison Avenue in Covington, KY near 12th street exit off highway 75. 4 commercial/retail buildings with multiple tenants including Sav A Lot, Rent A Center, Papa Johns, Laundromat, Gym, Job Center, and Megabytes
rehabbing and building new 50-100 homes in rapidly gentrifying Shelby Park, adjacent to Germantown
Jefferson County has assembled a prospectus various investment possibilities, data and community information in each of its 19 Opportunity Zones.
That prospectus and other information is available here: