150 Briarwood Lane, Frankfort, KY 40601

Wonderful opportunity to own 2 four-plex building (8 total units) in southern Franklin Co off Green Wilson Road and US-127 South. The multi-family package includes 150 and 170 Briarwood Lane. Both buildings include 4 two-story townhouses with 2 BRs and 1 1/2 BAs per unit. The monthly current rent roll is $4890 per month and the tenants pay their own electric (Bluegrass Energy) and water and sewer (Farmdale). The owner pays for mowing. The last 2 leases were signed at $625 (carpet flooring) and $650 (laminate flooring). Market rents of $650 per unit would reach $5200 per month. 7 of the 8 units have been turned over during the current ownership. Private parking areas off the street, sidewalks around the building, concrete front stoops, and a tree line on the rear of the property. Offers will be evaluated without entering the units. Once a contract is reached, each of the units will be viewed and inspected. These properties are professionally managed and current management would consider signing a contract with a new owner.