$749,900
( $648.70Per Sq Foot )
 $4,026 est/mo Sourced by Back At You

9210 Owenton Road,Frankfort, KY 40601

Frankfort, KY 40601

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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 electricideal 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 renovationspositioning 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.*)

Details

MLS #26009131
Listing TypeFor Sale
StyleMobile Home Park
Sub-TypeResale
StatusActive
Year9999
Days On Site137
Listing Provided ByTransactionbroker.com | Hope Hedden

Features

SQ Feet1,156
Building(s)13
ZoningOther
Acreage10.00

Interior

CoolingElectric, Heat Pump
HeatingElectric, Heat Pump
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofMetal
Construction MaterialsAluminum Siding

Parking

Attached Garage Yes / NoNo
Parking FeaturesGravel, On Site, Open

Utilities

UtilitiesCable Available, Electricity Connected, Phone Available, Sewer Not Available, Water Connected
Electric200+ Amp Service

Area Information

StateKY
CountyFranklin
CityFrankfort
Zip Code40601
Area014 Franklin County
SubareaFranklin County
Community NameRural
Listing VS Median (in Rural)
Price:
$749,900
low | high
Med:
$295,000
100% of Average
sqft:
1,156
low | high
Med:
1,256
41.349480968858% of Average
$ / sqft:
$649
low | high
Med:
$235
100% of Average
On site:
137
low | high
Med:
162
84.567901234568% of Average
Sourced by Back At You

Market Activity 40601

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Additional Information

Showing Information

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Contact

Learn More About This Property

Lisa Humphrey

Lisa Humphrey

Elite Realty

 (270) 210-6837homesin270@gmail.com
StateKY
CountyFranklin
CityFrankfort
Zip Code40601
Area014 Franklin County
SubareaFranklin County
Community NameRural
Listing VS Median (in Rural)
Price:
$749,900
low | high
Med:
$295,000
100% of Average
sqft:
1,156
low | high
Med:
1,256
41.349480968858% of Average
$ / sqft:
$649
low | high
Med:
$235
100% of Average
On site:
137
low | high
Med:
162
84.567901234568% of Average
Sourced by Back At You
Listing Updated: July 30, 2026 at 2:44:40 PM PDT