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16-Unit Master-Planned Portfolio: 100% Occupancy + Shovel-Ready Lots in Kentucky’s Capital

304 Robert M Green Blvd, Frankfort, KY 40601

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Overview

Immediate Yield + Forced Appreciation An exceptional opportunity to acquire the Townhomes at Duckers Village—a premier 16-unit residential portfolio and development project in Frankfort, KY. This offering consists of nine luxury "built-to-rent" units completed in 2024, alongside two shovel-ready lots fully approved for seven additional units.

With 100% historical occupancy & profitability since completion, this asset is fully de-risked and stabilized, providing immediate cash flow while allowing a new owner to immediately capture equity through the final phase of construction. Gross rents for the 9 complete units were $223,500 in 2025.

High-Quality Asset & Tenants

  • Spacious Layouts: Each unit features ±1,500 SF of living space with 3 Bedrooms, 2.5 Baths, and an attached 1-car garage.
  • Modern Finishes: Designed for long-term ownership with high-efficiency systems, open-concept floor plans, and contemporary fixtures.
  • Built to Rent: These are not converted units; they were purpose-built in 2024 to meet the demands of professional tenants in the capital region.

Location: Frankfort offers a uniquely stable economic environment, anchored by a recession-proof workforce of over 20,000 state employees and a rapidly expanding private sector.

  • The "Golden Triangle" Commute: Perfectly positioned for professionals, residents enjoy a 25-minute commute to Lexington, a 55-minute commute to Louisville via immediate access to I-64, US-60, and US-127 plus adjacent cities like Georgetown & Versailles are booming.
  • Quality of Life: Located in a tranquil setting just minutes from the Capital Plaza and the revitalized historic downtown, which is currently benefiting from major public-private reinvestment initiatives.

Listing price: includes the nine existing stabilized units and 2 vacant lots. If desired, the local seller/developer will build remaining seven units via a separate agreement. Seller is willing to assist in property management transition for as long as needed to ensure a seamless ownership transfer. Seller prefers to sell as a package however operating units can be separated from vacant lots. NO SELLER FINANCING.

Development plans + financials available upon request for qualified buyers.

16-Unit Master-Planned Portfolio: 100% Occupancy + Shovel-Ready Lots in Kentucky’s Capital

Attachments

For Sale

Multifamily
Sale Price
$2,300,000
Price Per SF
$95.8/SF
Building Size
24,000 SF
Acres
1.25 ac
Zoning
R-2 Apartment Zone
Zoning Description
Single Family Attached
Building Name
Robert M Green Townhomes
Year Built
2024
Average Occupancy Rate
100%
Total Units
16
Laundry
In Each Unit
County
Franklin
Available
01/12/2026
Listed
01/12/2026
Updated
01/30/2026
Listing ID
e27bdf9c