902 Tierra Linda Drive, Frankfort, KY 40601

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Building Details:

902 Tierra Linda Drive is located in Frankfort, KY.

Penthouse Apartments is a 36 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. There is additional upside from the possible implementation of a RUBS system for utility collections. The landlord has recently made several capital improvements. 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:
17 2BR/1BA
19 1BR/1BA

36 Total