Exceptional opportunity to acquire a 10-unit multifamily property in the rapidly growing Georgetown, Kentucky market. Situated on approximately 0.64 acres, this well-maintained apartment complex features 8 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units totaling approximately 8,460 square feet. Each unit offers functional layouts with spacious living areas, kitchens equipped with washer/dryer hookups, and individually metered utilities, creating a favorable operating structure for ownership. The property includes ample paved off-street parking and is conveniently located near downtown Georgetown, Toyota Manufacturing, schools, shopping, dining, and major transportation corridors. With strong rental demand fueled by Georgetown's continued population and employment growth, this asset presents an attractive opportunity for both investors seeking stable cash flow and those looking for future value-add potential.
| MLS # | 26012528 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 102 |
| Listing Provided By | Tru Life Real Estate | Alexa Kelley |
| Bed(s) | 18 |
|---|---|
| Bath(s) | 10 Total |
| SQ Feet | 8,460 |
| Units | 10 |
| Building(s) | 1 |
| Zoning | Other |
| Acreage | 0.64 |
| Cooling | Heat Pump |
|---|---|
| Heating | Natural Gas, Radiant, Other |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Shingle |
|---|
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Paved |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
| State | KY |
|---|---|
| County | Scott |
| City | Georgetown |
| Zip Code | 40324 |
| Area | 005 Scott County |
| Subarea | Scott County |
| Community Name | Indian Acres |
| School District | Scott County |
| Elementary School | Eastern |
| High School | Scott Co |
| Listing VS Median (in Indian Acres) | |
Price: $1,250,000 low | high Med: $329,900 sqft: 8,460 low | high Med: 2,040 $ / sqft: $148 low | high Med: $162 On site: 102 low | high Med: 24 | |
| State | KY |
|---|---|
| County | Scott |
| City | Georgetown |
| Zip Code | 40324 |
| Area | 005 Scott County |
| Subarea | Scott County |
| Community Name | Indian Acres |
| School District | Scott County |
| Elementary School | Eastern |
| High School | Scott Co |
| Listing VS Median (in Indian Acres) | |
Price: $1,250,000 low | high Med: $329,900 sqft: 8,460 low | high Med: 2,040 $ / sqft: $148 low | high Med: $162 On site: 102 low | high Med: 24 | |