With Sweeping Views of City, Hilltop Real Estate Hits the Market
For decades students have flocked to this hilltop for educational opportunities at all levels.
The now defunct Park Hills Public School is here where Northern Kentucky Vocational Center and Northern Kentucky University's Covington campus operated at different times. Now, Gateway Community & Technical College teaches auto mechanics and some other vocational programs on the site but those programs will soon move to a new facility at the former Robke Ford lot on 3L Highway in Covington.
And now this valuable piece of real estate - with its sweeping views of the Cincinnati skyline and Northern Kentucky - is poised to become something else.
With the support of the Cities of Covington and Park Hills, which both have boundaries that run through the property, the Kentucky Community & Technical College System is now actively seeking bids from new tenants or developers.
The two properties are deeded separately but will be sold together. One is located at 1025 Amsterdam Road in Covington is 21.67 acres with three buildings that offer 87.500 square feet of classroom, office, and shop space, along with four small storage buildings. It is at the rear of this part of the property that an overlook exists with coveted views of the city.
The second property is the former Park Hills Public School at 1030 Old State Road in Park Hills, a 3.99-acre lot with one building and 34,800 square feet. The building is currently vacant and most recently was home to the North Central Area Health Education Center which moved to Fifth Street in downtown Covington in November 2014.
Prospective bidders are welcome to attend an open house at the site on Tuesday, May 10, from 10 a.m. to 1 p.m. The properties are set for a closing date of September 1.
Interested bidders must obtain a bid package from Chris Brumett (859.256.3224 or [email protected]).
The Kenton County Property Valuation Administrator lists the property on Amsterdam Road as being worth $5 million while the Park Hills property is valued at $1,452,800. Both properties are owned by the Commonwealth of Kentucky.
The sale is expected to be a financial boost to Gateway Community & Technical College and its efforts to build its Urban Metro campus in downtown Covington.
Photos via RCN and Kenton Co. Public Library