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Investment Highlights

  • Rare new construction in Capital City
  • Built to Rent Construction
  • Highly demand for this floorplan

Executive Summary

Listing price of $2.1m includes building 1 (5 units) and building 2 (4 units) = 9 Units complete in 2024. 100% occupied - 2025 rents total $200k. The first unit turned over in Jan 2026 from the initial lease up and leased for $1909. Current gross rent = $16,536/mth. High-quality tenants, no delinquencies.
All units are 3 bd, 2.5 bath modern "built to rent" townhomes. Builder grade finishes throughout interior: granite countertops, stainless appliances, ceiling height cabinets, built in vanities, upgraded trim package. Message agent for link to video walkthrough.
2 additional shovel ready lots are available for $200k. These lots are approved for two more buildings with 7 units total. See development plan approved for 16 total units. Seller/builder will complete remaining units as part of a separate agreement if desired. Seller will remain as property manager for as long as needed.
These are single family attached dwellings - all units separately deeded. Buyer could create HOA and resale individually if desired. Seller will carry up to 10% if needed.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,882,880 CAD
Price Per Unit $320,320 CAD
Sale Type Investment
Cap Rate 7.41%
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.55 AC
Building Size 1,350 SF
Average Occupancy 100%
No. Stories 2
Year Built 2024
Parking Ratio 6.67/1,000 SF
Zoning Singe Family Attached

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 9 $2,746 CAD 1,500
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 095-40-15-003.00
  • 095-40-15-004.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$235,847 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39268991

  • Date on Market: 2026-01-30

  • Last Updated:

  • Address: 304 Robert M Green Dr, Frankfort, KY 40601

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