200 Adams Ln Frankfort, KY 40601

Property Details for 200 Adams Ln

Lot size

4.13 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 12-lot mobile home park situated on a spacious 4.13-acre lot in Frankfort, Kentucky. The property boasts a prime location, just four miles (approximately eight minutes) from Interstate 64 and the newly constructed Target store, ensuring convenient access and high visibility. Mobile homes are not included in the sale, offering the new owner complete flexibility in managing and developing the park. The lots themselves are generously sized, providing ample space for residents. The park benefits from a rural setting, offering a peaceful environment for residents while maintaining convenient access to major roadways and amenities. Utilities are handled efficiently with electric service directly billed to tenants through Bluegrass Energy and water service directly billed to tenants through Farmdale. Wastewater management is expertly handled by a third-party professional maintenance provider, Perfectawaste.com, ensuring seamless operation of the on-site sewer treatment plant. Additional land beyond the 12 lots is available, presenting potential for expansion or leasing opportunities (pasture lease potential). This property offers a strong return on investment with the potential for significant future growth. The asking price is $429,000.

Location Insight

City

Frankfort

County

Franklin

State

Kentucky

Longitude

-84.9321

Latitude

38.1186