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About This Home

This 0-bedroom, 0-bathroom commercial at 9210 Owenton Road in Frankfort, KY is listed for $799,000 ($691 per sqft). the home offers 1,156 sqft of living space on a 10.00 acres lot.

Agent Description

Unlock the potential of this income-producing mobile home park situated on 10 acres and zoned RM, offering both immediate cash flow and significant expansion upside. This turnkey investment includes all mobile homes and a 34' x 34' garage equipped with water and electric-ideal for maintenance operations or additional storage.

Currently, the property features 14 established pads across 4 acres, with 12 pads occupied by mobile homes. Of those, 10 are actively rented with tenants in place, while 2 units are undergoing renovations-positioning the next owner for increased rental income upon completion.

Most homes have already been remodeled or updated, minimizing near-term capital expenditures. The remaining 6 acres present a prime development opportunity, as the RM zoning supports an additional 15-18 pads, allowing for substantial growth in revenue.

Each existing pad is serviced with 200-amp electric, including the garage, ensuring infrastructure is in place for long-term reliability. Recent improvements include a paved roadway (approximately 5 years old) and updated water lines on the right side of the park.

To further enhance value, the seller will install one new septic system on the property. Comprehensive annual operating data is available upon request, making this an ideal acquisition for investors seeking both stability and scalability in a strong rental market. (*Out of courtesy to the tenants, please do not drive thru or enter the property without a scheduled appointment.*)

Key Features

  • 10.00 acre lot
  • 32 parking spaces

Property Details

32 spaces

Amenities

A/C

Monthly Cost Estimate

$4,273/mo

20% down · 6.5% · 30 years

Principal$578
Interest$3,462
Insurance$233

Estimates only. Actual payments may vary.

Location

9210 Owenton Road

Frankfort, KY 40601

Rural

Property Details

Construction

Aluminum Siding

Parking

Open

Heating

Heat Pump (Heating)Electric (Heating)

Cooling

ElectricHeat Pump

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 9210 Owenton Road is listed at $799,000 ($691/sqft). The estimated monthly payment is $3,462 based on 20% down at 6.5% interest.

Key features include: 10.00 acre lot, 32 parking spaces.

This property is listed by Hope Hedden and can be reached at 5025458508 or hope.hedden@gmail.com.

HH

Hope Hedden

Agent at Transactionbroker.com

(502) 545-8508

Listed by Transactionbroker.com

MLS# 26009131· Source: listhub· Updated 36 days ago

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9210 Owenton Road, Frankfort, KY 40601

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