700 Forest Hill Drive, Frankfort, KY 40601

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Building Details:

700 Forest Hill Drive is located in Frankfort, KY.

Eastwood Apartments is an 88 unit multi-family opportunity in Frankfort, KY. The property is part of a larger 339 unit offering that includes three other properties that can be purchased together or separately. Located in a high demand area of Kentucky's "Capital City", the property has experienced historically high occupancy, and currently contains excellent value-add potential through rent growth and improved management techniques. Eastwood enjoys a "park-like" setting with beautiful green-space and a true "community" feel. The landlord has recently made several capital improvements. 32 units are currently master-leased to Kentucky State University, which covers all utilities for the units. Take advantage of the market's excellent multi-family fundamentals. This opportunity also offers the chance to capitalize on the record low interest rate environment to produce outstanding leveraged returns.

Unit Mix:
40 2BR/1BA
48 1BR/1BA

88 Total