100% Occupied and Renovated Multi-Family Investment Opportunity
150, 154, and 160 Landings, Frankfort, KY 40601
Key features
- $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)
Reach out to the broker for more info on lease terms and amenities
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Contacts
SVN | Stone Commercial Real Estate
Building Details
- For Sale $1,150,000
- Property Type Multi-Family
- Property Size 13,464 SF
- Units 12
- Date Updated Jun 6, 2026
Attachments
Getting Around
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Walk Score ®
Car-Dependent (26) -
Bike Score ®
Somewhat Bikeable (29)
Location
- City Frankfort, KY
- Zip Code 40601
- Market Lexington
Points of Interest
Kroger
1.19 miles
Speedway
1.27 miles
BP
1.41 miles
Shell
2.77 miles
RaceTrac
3.25 miles
Wendy's
0.69 miles
Subway
0.85 miles
Arby's
1.06 miles
McDonald's
1.08 miles
Jimmy John's
1.09 miles
Penn Station
1.22 miles
White Castle
1.27 miles
Jim’s Seafood
1.56 miles
Firehouse Cafe
1.57 miles
Kroger
1.17 miles
Kohl's
2.68 miles
TJ Maxx
2.71 miles
Save-A-Lot
3.00 miles
ALDI
4.38 miles
Walmart Supercenter
4.62 miles
Stamping Ground Food Store
9.65 miles
Frankfort City Police Station
2.19 miles
Frankfort Fire and EMS Station #1
2.27 miles
Franklin Co Sheriff
2.96 miles
CVS Pharmacy
4.04 miles
Frankfort Regional Medical Center
4.96 miles
Scott County Fire Station No. 5
9.25 miles
150, 154, and 160 Landings Listing Summary
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What is the asking price at 100% Occupied and Renovated Multi-Family Investment Opportunity?
100% Occupied and Renovated Multi-Family Investment Opportunity is currently listed for sale at Contact for pricing.
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What is the total size of 100% Occupied and Renovated Multi-Family Investment Opportunity?
100% Occupied and Renovated Multi-Family Investment Opportunity has a total of 13,464 square feet.
SVN | Stone Commercial Real Estate