Contacts
SVN | Stone Commercial Real Estate
Property Details
- Property Type Multi-Family
- Property Size 13,464 SF
- Units 12
- Date Updated Jun 8, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- $1,150,000 list price | $95,833/unit | $128/SF
- 100% Occupied
- 1031 opportunity: clean replacement asset
- 7.25% Year 1 Cap Rate at list
- All 2BR/1BA units, 750 SF each | ~9,000 SF total
- Fully renovated in 2020
- In-place rents: Avg $909/unit | Recent leases as high as $998/unit
- Investor opportunity: turnkey stabilized small-MF with minimal near-term capex
- Marketed exclusively by SVN Stone Commercial Real Estate — contact Justin Ryder, CCIM with questions and more info
- Three side-by-side 4-plex buildings, 12 units (150, 154, and 160 Landings Drive)
- Year built 1980 | All-electric heating and cooling (tenant-paid utilities)
Attachments
Getting around
-
26/100
Walk Score ®
-
29/100
Bike Score ®
Location
- City Frankfort, KY
- Zip Code 40601
- Market Lexington
Points of Interest
-
Sunoco
0.40 miles
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Kroger
1.19 miles
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Speedway
1.27 miles
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BP
1.41 miles
-
Shell
2.77 miles
-
RaceTrac
3.25 miles
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KYTC Empl Ent West
1.87 miles
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Capital Plaza Hotel
2.03 miles
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Home2 Suites by Hilton Frankfort
2.67 miles
-
Fairfield Inn & Suites
2.87 miles
-
Best Western
2.92 miles
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Holiday Inn Express
4.28 miles
-
Hampton
4.37 miles
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American Freight
1.15 miles
-
Kroger
1.17 miles
-
Kohl's
2.68 miles
-
TJ Maxx
2.71 miles
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Save-A-Lot
3.00 miles
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ALDI
4.38 miles
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Walmart Supercenter
4.62 miles
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Stamping Ground Food Store
9.65 miles
SVN | Stone Commercial Real Estate